General Trading Chat

[rahulmalik]

koi gal ni - punjab de puttar

sabra rakha

Traded for the first time in 2016 today. Just about brokeven

 

[rahulmalik]

Risky trade - I bought some puts at 1529 hrs

In last few mins, put premiums pepped up, and index fut premiums screwed. gap down ?

 

[XRAY27]

din barabaad kuch bhi nahi hua.

yes,
thanks for Traderji, at least we get relax when market like today.
otherwise without TJ, we become

Today... losa day :annoyed:but, one of the best week in intra clocking me to 150 pts after deducting today loss

 

[TraderRavi]

Today... losa day :annoyed:but, one of the best week in intra clocking me to 150 pts after deducting today loss

this month ok type , getting few NF points, whenever in front of terminal.
in dec got one big loss trade on 9th, hope no big loss trade in jan.

 

[Somatung]

Smart Trade Sir,

Why buy 7800 puts by SS? What options are recommended for swing trading , deep ITM or ATM or OTM or deep OTM?

Every type will have their pros & cons and we may not get such juicy moves every now and then.

Generally we will get moves with many pullbacks etc and sluggish in nature. In such general moves, which options are good for swing trading?

There are no general rules and answers to this question. It all depends on the strategy you want to trade with this options or how you want to use your traded options.

As you seem to understand the differences between otm, atm and itm options, I guess you also understand how they act according to the underlying.

So if you want to use them for pure directional target trading and faster, possible profits, then you may want to use the atm and itm options with higher risk.

If you want to use them for option strategy trading, any mentioned type you can use, all depending on your option or hedge strategy plan.

I did not mention the time frame from the options you want to use, as this is an other factor you have to be aware about.

Good luck / Dan

 

[rahulmalik]

Happy Weekend Folks !

 

[Fundootrader]

In last few mins, put premiums pepped up, and index fut premiums screwed. gap down ?

Not necessary - yesterday also put premiums pepped up and index fut premiums moved from discount to premium. But we didn't had gap down today

 

[rahulmalik]

FT bhai - I am sharing my opinion here about what and why I mentioned in my earlier post -

- Foremost - premiums are not reliable indicators at all. I have seen Nifty moving up 400 points with Fut in discount throught the move.
- Not all changes in premiums can be ignored. So for example - I only consider noticeable contrary changes. So for example.. If Nifty is moving up for 3 days consistently and during this time the premium takes a major dip., or vice versa.
- Today I mentioned and considered it for 2 strong reasons. Today was a flat day after opening, and premiums moved to flat from 15 points within 5 mins, after 3 PM. This along with jump in put premiums was a change which cant be ignored. Nifty after gap up , has shown a very clear resistance at the drawn line in the attached image - hence the conclusion of gap down.

PS - My analysis may be completely wrong w.r.t. what market actually will do on monday, and I will handle my trade accordingly.

Not necessary - yesterday also put premiums pepped up and index fut premiums moved from discount to premium. But we didn't had gap down today

 

[blackberry]

Sideways are mostly loss day for me...tukka laga to kuch ban jata hai aur agle me chala bhi jata hai.

SidEways sucks

 

[praveen98]

ya.. u need lesser margin for cover order. u have to compulsorily mention exit trigger price while taking entry only. cover order automatically places sq off order.
whereas sl-m is normal order only.
just u have to manually place 2 orders 1 for entry 1 for exit.
regards

Hi,
I think you are confused a bit about cover order as bracket order...
CO...Entry order Market order Exit order(Stop loss only...you have to square it off manually at the desired price...that will be a market order)
BO....Entry Limit order, profit exit... limit order,SL order market order...
please go through the following links for better understanding of these order types...
http://zerodha.com/z-connect/tradez...ware-version/cover-orders-for-higher-leverage
http://zerodha.com/z-connect/tradez...e-version/bracket-orders-trailing-stoploss-sl
Best Regards