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

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toingpoing

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But the huge positions he had taken in the current month options will expire this thursday.Already time decay would have wiped out most of the value.Morever he had averaged heavily.:confused:
 

TraderRavi

low risk profile
But the huge positions he had taken in the current month options will expire this thursday.Already time decay would have wiped out most of the value.Morever he had averaged heavily.:confused:
he has got profits in previous trades , this put trade is a losing trade , so profits reduced. and he must be doing some shutterbutter to hedge this trade with his other friend.
 

toingpoing

Well-Known Member
he has got profits in previous trades , this put trade is a losing trade , so profits reduced. and he must be doing some shutterbutter to hedge this trade with his other friend.
You are right. But although we cannot demand as right,since he is posting all the trades he has been doing,how crisis management and hedging is done by him,should also be posted for the benefit of TJ members.By the way,as far as I am concerned,its just for academic curiosity and in no way for copying his trades....:)
 

SexyTrader

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Bought more lots of 7550PE today at 15/- now and averaged down my total buying cost to 33/- for all the lots held :thumb:
Today....Bought same number of lots in 7600PE Sept at 29/- now :thumb:

This should offset the losses in 7550PE Aug :)
 

toingpoing

Well-Known Member
Today....Bought same number of lots in 7600PE Sept at 29/- now :thumb:

This should offset the losses in 7550PE Aug :)
Very nice..This position would give you best returns,if I am not wrong, triple.Markets may correct anytime,and it will be deep.It has risen so much,without fundamentals justifying.Geo political tensions are there and may turn worse any time.
 

SexyTrader

Well-Known Member
Today....Bought same number of lots in 7600PE Sept at 29/- now :thumb:

This should offset the losses in 7550PE Aug :)
Holding the 7600PE Sept position :thumb: and will hold it for Sept series :)

The current situation is good for INTRADAY trades once again....... Getting 30-40 points INTRADAY in Short-selling CEs should work well :)
 

SexyTrader

Well-Known Member
Holding the 7600PE Sept position :thumb: and will hold it for Sept series :)

The current situation is good for INTRADAY trades once again....... Getting 30-40 points INTRADAY in Short-selling CEs should work well :)
For INTRADAY, Shorted 8000CE Sept at 96/- :thumb:
 
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