General Trading Chat

[Raj232]

Hope all made good money today :

Banknifty 4500 CE from Rs 150 to Rs 650 .. pretty decent.

 

[timepass]

Well , Sometimes a Desi Jugad with mthly Future prices , at-least give a hint , what can be interpreted projections in options movement !
Anyways , for intra trades all these tactics are hardly needed , as trails are much more efficient to protect profits !

How do you trail it in options ? Manually ?

 

[timepass]

Guys, just loud thinking.

In such volatile times, would it be better to trade the monthly options ? Would those be less volatile ? (maybe less liquid, sure).

 

[travi]

Guys, just loud thinking.

In such volatile times, would it be better to trade the monthly options ? Would those be less volatile ? (maybe less liquid, sure).

TP bhai trade spreads, especially good on expiry days, so ex BN at 45500 an we need bull view. Short 46K PE deep ITM, and depending on RR, buy 45600 or 45700 etc. in any options calc, see the payoff. If bearish, short 45K and buy something less deep.

For naked buying, then dont use SL, select strike that is fully affordable bcos SLs will get hit in volatility. Plus with SL then you need very good timing for trades. Its a burnout in longterm.
Usually decay hurts alot, bcos of timing, you get trade and then it sits there for an hr.

Another thing is to use butterflies, that are otm, this is near decay proof and good RR when far. as soon as spot reaches the level i book if it seems not to stay there.

 

[timepass]

A reverse Adani-Hindenberg moment

A ‘Clerical Error’ in Lyft Outlook Triggered 67% Stock Jump

https://finance.yahoo.com/news/lyft-soars-outlook-tops-estimates-213140053.html

But the market is very forgiving in these liquid times, all is well with Lyft

https://finance.yahoo.com/news/lyft-rises-cost-cuts-drive-120426275.html

 

[Nish]

How do you trail it in options ? Manually ?

1) Some brokers like Dhan gives facility to trails SL in options , which automatically increase in pre-defined steps . so one can enjoy the whole intraday rally !

2) One can follow strict Risk Management by restricting lot sizes - which one can afford to loss without applying SL - IFF one is sure of the upside or downside in the underlying !

2) Using spreads instead of naked options !

 

[Nish]

Guys, just loud thinking.

In such volatile times, would it be better to trade the monthly options ? Would those be less volatile ? (maybe less liquid, sure).

Personally mostly use next week options - instead current week ! A little costly but time decay is less and chance to get out , at least at Buy Price - in case of volatility .

But never carry overnight !

 

[timepass]

I am confused. I pay MFUonline on 13th Feb at 0830 morning. The money is received instantly, but forwarded the next day afternoon

What's happening to the money in the interim ??

 

[tradermodified]

N50

on staying above 21850/900 zone will move for 22000/200 levels

ltp 21845

 

[PreSap]

Hopefully, no snake in banknifty today.