General Trading Chat

[timepass]

No trade so far today

 

[arsh22g]

Long in Tech Mah futures since Friday and rewarded today.

It was in DT on Friday and took a beating yesterday morning as well. Was the trade based on some fundamental news?

 

[arsh22g]

Yesterday`s high & low level
Is important


7498 high in future.
7414 low in future.
and LL already made so can be 7373 next level pure tukka level

Although 7370 is a good level to cover intra-day (if it at all happens), but I think if there's a minor DT in this major UT, we will touch 7300.

 

[praveen taneja]

Although 7370 is a good level to cover intra-day (if it at all happens), but I think if there's a minor DT in this major UT, we will touch 7300.

JUST A 100 POINT DOWN AND ALL dt ut WOULD BE JAI RAM JI KI

 

[vikas2131]

It was in DT on Friday and took a beating yesterday morning as well. Was the trade based on some fundamental news?

yup...surprising he bought it...would love to know his reason..

 

[arsh22g]

Maine bhi 7400 Puts le rakhi hain @110 average price, par cover 7300 pe hi karunga if SL not hit.

 

[Fundootrader]

Almost 10% reduction in IV especially of puts since yesterday - leading to loss for put holders though market is falling

 

[Shikamaru]

No clear trend, Market is consolidation on recent support zone...
Long patience required

 

[Fundootrader]

Maine bhi 7400 Puts le rakhi hain @110 average price, par cover 7300 pe hi karunga if SL not hit.

Expecting markets to retrace back to 38.2% fibo level of this upmove - so put's should give profits - only spoiler would be VIX - which is impacting IV right now

 

[arsh22g]

Expecting markets to retrace back to 38.2% fibo level of this upmove - so put's should give profits - only spoiler would be VIX - which is impacting IV right now

Right, but 100-150 point downmove will still give profit in near OTM options. Intrinsic value of 100-150 points will be enough to offset the decline in time/vol value.