General Trading Chat

vagar11

Well-Known Member
Now CNBC 18 people are scared to see 800%-1500% profit in options.. :lol:
Commentator said repeatedly Is there any wrong? :rofl:
Weakly option is coming on Bank Nifty..
I saw many 100-1000% single day return in ITL.. yesterday.. today possibly more..
Options are instrument to catch such jackpot trades in big moves..
I got 80% using only 10% cap.. last 2 day..
I just checked on http://www.indiantradingleague.com/leaderboard.
Even on daily they have 1000% returns.
 

headstrong007

----- Full-Time ----- Day-Trader
I just checked on http://www.indiantradingleague.com/leaderboard.
Even on daily they have 1000% returns.
Yes.. all are real trades..
I bought bank nifty 16500 ce too, 3 days ago..70-90 range.. 82 averaged priced..squared off today 800+ :D
Some one can see it as gamble...I risked only 10% cap so it is not gamble..
All that big move bcoz of 3 days to exp.. waiting to see weekly options..
 

headstrong007

----- Full-Time ----- Day-Trader
I saw highest OI at 7700 PE last week of exp..good support.. Decided to bought nifty CE there.. But finally 1st time bought bank nifty option there.. Squared off few mins before exp..one simple trade..
I wish options to expire every week.. WEEKLY BANK NIFTY OPTIONS ARE WELCOME..May be one day.. on NIfty too..
 

headstrong007

----- Full-Time ----- Day-Trader
@Xray

This concept is really nice!!! Thanks a lot !!:thumb:

Thanks
rip07
But it was not NR7... not composed with seven bars.

But it was a Narrow Range Day... good observation..
 

vagar11

Well-Known Member
Yes.. all are real trades..
I bought bank nifty 16500 ce too, 3 days ago..70-90 range.. 82 averaged priced..squared off today 800+ :D
Some one can see it as gamble...I risked only 10% cap so it is not gamble..
All that big move bcoz of 3 days to exp.. waiting to see weekly options..
:cheers: Superb gains.
 

headstrong007

----- Full-Time ----- Day-Trader
Bro!! this message was posted by Xray on 24th May. And it was NR 7 only 46pts difference btw H-L. And I am thanking him, coz I got benefited by his observation in last 2 days of trading. Expansion of almost 300pts.

Thanks
rip07
I saw that.. just mentioned that, good observation.. But it was not NR7, that made new low in last 7 say. not NR7..NOT IN THE DEFINITION OF NR7.. wrong tech term..:D
 

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