General Trading Chat

[Smart_trade]

ST sir,

Since the premiums are low . I was thinking of selling calls and puts 250 points up and down from 8650. Cover it by buying call and put another 200 points up and down. Will this setup be too risky , considering only 250 points gap from the current level.

Premiums are down because of low IVs as the market is in sideways ...but I expect some trending move very soon in next 3-4 days and that time IVs will go up so selling here with 250 points difference could be risky....if a trend move comes 200-250 points can easily go in any direction.

Smart_trade

 

[Punter786]

What NF traders trade on expiry day - the current month or next month futures?

 

[niftygupshup]

What NF traders trade on expiry day - the current month or next month futures?

If trading futures, its better to trade next month futures on expiry day.

 

[XRAY27]

bro i love your signatures..Trading process is such that we forget our objective to trade and just linger on collecting all possible education in lieu of seeking perfection...

I stopped with MP and will not add any thing !!!with in that also added only practical setups not all they discussed,which is almost making D and S spot deception zones !!! with VP !!!

 

[Subhadip]

ST sir,

Since the premiums are low . I was thinking of selling calls and puts 250 points up and down from 8650. Cover it by buying call and put another 200 points up and down. Will this setup be too risky , considering only 250 points gap from the current level.

Risky, as market will come out of range and expecting one big move in any direction.

 

[Smart_trade]

India VIX is at lowest point in last 6 months....13.48 as against normal 15.5-17.5 range....

ST

 

[HEM]

Anyone following Zerodha star traders in opentrade ? What is the experience ? Are you able to learn anything in last 2-3 months ? Just curious to know...

Some stars making over 25-30 trades everyday. They are difficult to follow as mostly they must be algo guys but guys making 3-6 trades it is possible to follow and learn.

Smart_trade

If they are trading in 5-6 scrips then 25-30 trades everyday are quite normal but if trading in 1-2 scrips then 25-30 trades everyday are very much.



HEM

 

[Subhadip]

India VIX is at lowest point in last 6 months....13.48 as against normal 15.5-17.5 range....

ST

nice time to buy option... ATM...Option sir, expecting one sided move...

 

[Smart_trade]

Lowest India VIX is indicating a powerful trend move very soon.

ST

 

[Subhadip]

Lowest India VIX is indicating a powerful trend move very soon.

ST

another thousand point move any direction will be juicy...