General Trading Chat

[manish9300]

Ap*ji whats your reading of options chains of may and june series?

 

[mudraatrader]

mere hisab se to sara market chappar phaad de.. But what is the fundamental news in L&T

Market looks at those points, which we do not
And here is the reason

L&T Q4 net, revenue up over 18%; sees FY17 topline growth 12-15%

Read more at: http://www.moneycontrol.com/news/re...-at-12-15_6744441.html?utm_source=ref_article

 

[rip07]

Ordinary result but Extra-ordinary Response

Thanks
rip07

 

[vikas2131]

IV for june option chain is very bearish.

fed rate hike and breexit... if both does not happen... market will sour 300-400 points for sure but if one of those happens... 300-400 points downmove will happen...it seems people are expecting that one of these things will happen ..

 

[pratapvb]

7980 +2SD 5day resistance

 

[ap*]

Sitting out today after a sl hit yesterday plus it's expiry day. Starting tomorrow will take new and fresh look at the markets and plan my positions. Thanks to Babaji for the blessings this month. Hope June is a nice and trending month

 

[manish9300]

Sitting out today after a sl hit yesterday plus it's expiry day. Starting tomorrow will take new and fresh look at the markets and plan my positions. Thanks to Babaji for the blessings this month. Hope June is a nice and trending month

I think you shorted too early yesterday.Neither IV nor PA was suggesting short that time.Today my hopes of good rally above 8000 are dashed after seeing june IV.Hoping for a BO failure at 8000 then Big move down or maybe we will spend some time in this range 8000-7700.

 

[manish9300]

Sitting out today after a sl hit yesterday plus it's expiry day. Starting tomorrow will take new and fresh look at the markets and plan my positions. Thanks to Babaji for the blessings this month. Hope June is a nice and trending month

You missed yesterday's big upmove too?I missed it as well cause i had to go out for something urgent yesterday morning.Did one long scalp only at open yesterday.

 

[vagar11]

fed rate hike and breexit... if both does not happen... market will sour 300-400 points for sure but if one of those happens... 300-400 points downmove will happen...it seems people are expecting that one of these things will happen ..

Should we play long straddle then?

 

[ap*]

I think you shorted too early yesterday.Neither IV nor PA was suggesting short that time.Today my hopes of good rally above 8000 are dashed after seeing june IV.Hoping for a BO failure at 8000 then Big move down or maybe we will spend some time in this range 8000-7700.

Spot on with what I did wrong. Yes looking at the IV at June 8000 pe and build up of oi next month I'm expecting a sharp down move. Sadly as a policy I keep away from expiry day trades, hope I get a chance to ride the down move tomorrow if any . Will look at going long only above 8050 if oi data suggests so.