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

[SexyTrader]

Today that is Monday....

booked profits in SBIN 1800 Put at 43 ...just a few minutes back :thumb:

Btw this is the Sept expiry one!

 

[SexyTrader]

Today that is Tuesday....

My INSTINCTS tell me AxisBank Put 980 in Aug series is a good bet :thumb: Hence I bought it at 1.50...yes just one rupee fifty paise In these days what else can you get for one rupee fifty paise ?!

My Target is simple will profit-book at 3 rupees....

 

[SexyTrader]

Today that is Wednesday.....

Bought more of AxisBank 980 Put in Aug series at 0.90 just some time back....to average out.

Now my revised profit-booking target is just 1.30 :thumb: for sure gain!

 

[SexyTrader]

Oh...just now booked 100% profits in AxisBank 980 Put in Aug series for 1.40 right now

This was good :thumb:

 

[SexyTrader]

My observation based on current INSTINCTS is.....

Through OPTIONS, seed-capital doubles right here right now...this is something that FUTURES does not do so frequently :thumb:

With the correct discretionary approach, OPTIONS I see as a potential goldmine of sorts.....its like playing an Xbox360 on steroids

The GOOD thing is...learning new things hands-on never stops :thumb:

 

[SexyTrader]

Today...that is Thursday

Bought positions Nifty 5100 Put in Sept Series...at a dirt cheap discounted price of 26 just a few minutes or so ago!

This will rock the Sept series is what I feel :thumb:

 

[SexyTrader]

Averaged out more of Nifty 5100 Put Sept....by more buying at 24.50 :thumb:

 

[SexyTrader]

I have profit-booked in all my (Fut) positions in the last week or so !

Now since the last few days or so, I'm trying OPTIONS just out of curiosity and renewed interest

Today, I bought multiple lots in Nifty 5100 Put (Sept series) and my buying price averaged out to 25.25 as of today :thumb:

My target for Nifty 5100 Put (Sept series) is 65

and for such a HOT option, what SL can I keep ? Maybe will think about that later

 

[SexyTrader]

Now I'm holding just one position....the Nifty 5100 Put option :thumb:

I'm going to hold this for this entire series coz this is rocking

I reworked my Target....I want the 3rd June price of this 5100 Put coming true in this series

I have decided against a SL in this, coz if it falls to Rs.12/- I will buy more of this option and average out Simple! After all Sept expiry is so so far away

 

[SexyTrader]

Having played with plain-jane equity followed by FUTURES....

Now my interests have shifted to OPTIONS coz there is a certain comfort angle to it :thumb:

So this Sept expiry, I'm going to just relax with the Nifty 5100 Put....MAXIMUM lots as always :thumb: This is a rocker as I see!
If the Nifty 5100 Put reaches the price it achieved on 3rd June 2012, I would be very glad

I'm enjoying my personal method of playing with OPTIONS :thumb: