Trading in the Indian Markets is pretty tough coz its like handling a monkey jumping up and down !!
So in this scenario, I feel comfortable to SELL OPTIONS and buy/short INTRADAY Futures coz collecting gain points in Futures works as a hedge to my selling options!
Trading in the Indian Markets is pretty tough coz its like handling a monkey jumping up and down !!
So in this scenario, I feel comfortable to SELL OPTIONS and buy/short INTRADAY Futures coz collecting gain points in Futures works as a hedge to my selling options!
Trading in the Indian Markets is pretty tough coz its like handling a monkey jumping up and down !!
So in this scenario, I feel comfortable to SELL OPTIONS and buy/short INTRADAY Futures coz collecting gain points in Futures works as a hedge to my selling options!
I had shorted 120 lots of 10600 PE at 280/- around the 3rd week of July as mentioned earlier.
Premium collected was 840000.
I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.
Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon
I had shorted 120 lots of 10600 PE at 280/- around the 3rd week of July as mentioned earlier.
Premium collected was 840000.
I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.
Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon
I had shorted 120 lots of 10600 PE at 280/- around the 3rd week of July as mentioned earlier.
Premium collected was 840000.
I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.
Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon
your notional losses are already (1134-284)*120*25 and to make matters worse you bought 9500 ce @ 425 paying a premium when options are the most inflated in a 6% downmove which is a huge premium (you have no idea what a mistake that is), clearly you have no clue about how options work.
If you remember your earlier aim was to get the 22 point loss money back , this has snowballed into i dont know what.
Your thread will soon reduce to the topic
Learn how to make 1 Million by starting with 1 Billion ,
sorry buddy even Rajnikanth will be unable to digest this.
I had shorted 120 lots of 10600 PE at 280/- around the 3rd week of July as mentioned earlier.
Premium collected was 840000.
I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.
Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon
What loss? Where loss ?
His hedge is in deep profit of a few crores so a small notional loss in put options is nothing. He has not revealed that his short hedge is closed today and he will not reveal that he has placed a long hedge for his calls until it is needed. :rofl:
I have added a few hundred milllion lots to my earlier position.