How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

[SexyTrader]

Today...there may be a gap-up again :thumb: So I will start selling 8000 CE too when it reaches a higher price range like 40-42 (or more!) and eat up the tasty premiums!

 

[SexyTrader]

I feel the current bull-run may extend up to 9375 on the Nifty :thumb: Of course there will be corrections but Nifty should reach 9375 some time during this year!

So I would SELL both PEs and CEs rapidly as long as IV levels are high and VIX does not come down Feels much safer to sell PEs and CEs than buying them!

So my EAT is on :thumb:

 

[parmit]

sir, what is d role of IV and VIX in option trading

 

[SexyTrader]

sir, what is d role of IV and VIX in option trading

IV makes particular options prices rise/fall depending on strike-price and VIX helps us understand the overall current volatility scenario in terms of demand/supply :thumb:

 

[SexyTrader]

I feel the current bull-run may extend up to 9375 on the Nifty :thumb: Of course there will be corrections but Nifty should reach 9375 some time during this year!

I may start Shorting 9400 CE in July-August-September series if situation permits!

 

[timepass]

I feel the current bull-run may extend up to 9375 on the Nifty :thumb: Of course there will be corrections but Nifty should reach 9375 some time during this year!

I may start Shorting 9400 CE in July-August-September series if situation permits!

WOW !!! we disbelieved dev_mookerji when he predicted 7500 on Nifty.. now not disbelieving anyone or any figure.

 

[SexyTrader]

Tomorrow Election results :thumb: Time to play!!

Tomorrow I will eat premiums off 6200 PE to 6800 PE and as/when situations in the day change will eat premiums off 7200 CE to 7600 CE....coz i believe Nifty will move 100 points both up and down hence basing my premium eating on that

Happy premium eating!! Slurrrrrp :eat:

 

[anuragmunjal]

Dear Sexytrader,

aparently all the premium chomping that you do has nothing to do with premium eating.. nifty atm was close to 580 rs a few days back, it is now 500 around..
did not fall much considering the inflated premiums.
as I see your expertise lies in selling the call or put at the highest point of the day, or around thereabouts.. which would definitly coincide with the high or low in futures.
why not trade futures directly??

 

[SexyTrader]

Dear Sexytrader,

aparently all the premium chomping that you do has nothing to do with premium eating.. nifty atm was close to 580 rs a few days back, it is now 500 around..
did not fall much considering the inflated premiums.
as I see your expertise lies in selling the call or put at the highest point of the day, or around thereabouts.. which would definitly coincide with the high or low in futures.
why not trade futures directly??

Trading Futures is pretty tough i say...too fast and too much headache! I find selling Options far more comfortable coz not so fast and easier to book profits playing within a fixed price range and it does give wild swings and no tension!

 

[toocool]

How much margin you pay for selling? I suppose full as a future lot .

How you decide what to sell, call or put? Which strike?