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

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Rish

Well-Known Member
It is weekend again & time for my weekly dose of entertainment !
One More Entertainment

Yesterday, I have sold 6000 Call and 6100 call December (each 1000 lots) already today my lunch i eaten the entire premium.

Today closing sold 100 lots 6000 call and 6100 call March Series 2013 (each 1000 lots) to eat premium for Monday Lunch.

But, Market will rally, Don't ask me why i am selling call.
 

SexyTrader

Well-Known Member
One More Entertainment

Yesterday, I have sold 6000 Call and 6100 call December (each 1000 lots) already today my lunch i eaten the entire premium.

Today closing sold 100 lots 6000 call and 6100 call March Series 2013 (each 1000 lots) to eat premium for Monday Lunch.

But, Market will rally, Don't ask me why i am selling call.
Markets rallying is good and I would like that...but that usually does not drastically affect the time-decay benefit in the options sold :thumb: I'm selling Calls coz I wish to take the benefit of time-decay to Dec-expiry :thumb:

Perhaps you need to read what I write....more carefully :)
 

SexyTrader

Well-Known Member
one side u say i feel rally coming & then u sell call so either way "i told u so" ?

what happened to punj suddenly strict stop came...
STRICT SL was mentioned earlier....perhaps you forgot to read that :) Next time read carefully what I write ok? :thumb:

Markets rallying is good and I would like that. But I'm selling Calls coz I wish to take the benefit of time-decay to Dec-expiry
 
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Sultaan

Active Member
STRICT SL was mentioned earlier....perhaps you forgot to read that Next time read carefully what I write ok?

Markets rallying is good and I would like that. But I'm selling Calls coz I wish to take the benefit of time-decay to Dec-expiry
do u read what u write ??? maybe u shud then u wud stop :rofl:

If you feel like increasing the position in PunjLloyd(Fut), no harm :thumb: coz it will not go down too much is what I believe.

Consolidation is good :thumb: Makes the run-up better :)
Punj LLoyd(Fut) looks like a good BUY at this level or lower ! :thumb:

I feel it may go to 75 from this current level.
Today....bought PunjLloyd(Fut) at 60.75/- and will hold it until it reaches my profit-booking price of 75/- ....MAXIMUM on margin :thumb:

And will continue to hold the two Naked Call Writing positions till Dec-expiry....as long as it does not breach the strike price :)
It may or may not :)

But if it does, I will profit-book at 75/-.....but if it does not, I will roll-over :thumb:
tell me in abv posts where u mentioned stop ??? only when punj showed weakness u started with strict stop, that to a mysterious unknown level :D
 

Rish

Well-Known Member
Markets rallying is good and I would like that...but that usually does not drastically affect the time-decay benefit in the options sold :thumb: I'm selling Calls coz I wish to take the benefit of time-decay to Dec-expiry :thumb:

Perhaps you need to read what I write....more carefully :)
Don't make everybody fool, first you read carefully what have you written.

You are a scrap trader, fooling everybody.

What time-decay, i am challenging you, you does't know the basic thing about selling call and put ! ! !! ! !.

Are you a fool, oneside you are telling market will rally and otherside you are telling you have sold that too December call. You are Real comedian.
 

SexyTrader

Well-Known Member
do u read what u write ??? maybe u shud then u wud stop :rofl:









tell me in abv posts where u mentioned stop ??? only when punj showed weakness u started with strict stop, that to a mysterious unknown level :D

It does mention my STRICT SL :) You forgot to mention this post of mine in the QUOTES here http://www.traderji.com/equities/72...o-commodities-etc-part-2-a-41.html#post749848

Anyway, you can say/write what you wish....I'll still trade the way it suits me :thumb: coz I ain't answerable to you.
 

SexyTrader

Well-Known Member
Don't make everybody fool, first you read carefully what have you written.

You are a scrap trader, fooling everybody.

What time-decay, i am challenging you, you does't know the basic thing about selling call and put ! ! !! ! !.

Are you a fool, oneside you are telling market will rally and otherside you are telling you have sold that too December call. You are Real comedian.
If you think that way, do not read my posts....simple! :)

I will trade the way I wish coz I earned that money :thumb: What you think of me does NOT matter to me ! :p

In any case, markets will rally soon....but time decay has already brought down the value of my Written option positions for Dec-expiry :thumb:
 

SexyTrader

Well-Known Member
For all those who comment AGAINST my trading strategy, I care a _ _ _ _ and the first letter is always F as in FINE :rofl: you get that ?! :lol:

As soon as Dec-expiry is over, I'm going to write 5800 PE at the highest price whenever possible and collect the premium :thumb:
 

SexyTrader

Well-Known Member
On the economic front, 2013 does NOT seem too promising to me :)

but the 1st trade of my NEWEST STRATEGY has gone well :thumb: Time to start on the 2nd trade as soon as it feels right...

Happy Trading all the time! :thumb:
 
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