Long or Short Opinion

[nimish_rulz]

FTSE giving Buy signals about to break the downward channel too. Looking good for the Bulls. However, tomorrow is friday and there can be lot of dumping tomorrow and if not and we close positive Bull run is here to stay until end of july when everyone starts selling again on facts during the earning season.

 

[AW10]

I was attending a seminar last weekend. Almost all were bearish, and other point I could take back was market would be difficult for option writers for sometime.
Happy trading!

I am a bit surprised, that high volatility days are difficult for option writer.
As a option trader, I am all out with my option writing strategies now.. (ofcourse with protection). I think, these are one of the best time for option writer... getting 300+ rs for ATM straddle with 30days left to expiry.. what else would a writer want.

Can u plz throw some more lights on it why it is difficult time for them.

Happy Trading.

 

[rajputz]

I am a bit surprised, that high volatility days are difficult for option writer.
As a option trader, I am all out with my option writing strategies now.. (ofcourse with protection). I think, these are one of the best time for option writer... getting 300+ rs for ATM straddle with 30days left to expiry.. what else would a writer want.

Can u plz throw some more lights on it why it is difficult time for them.

Happy Trading.

:cheers: welcome aw sir....aap thread ko akela chod gaye the....missed you...

 

[simple_trader]

I am a bit surprised, that high volatility days are difficult for option writer.
As a option trader, I am all out with my option writing strategies now.. (ofcourse with protection). I think, these are one of the best time for option writer... getting 300+ rs for ATM straddle with 30days left to expiry.. what else would a writer want.

Can u plz throw some more lights on it why it is difficult time for them.

Happy Trading.

Dear AW10,

Those were targeted towards many new option writers without protection (short straddle and short strangle etc.). Also it seems some new money guaranty funds, are active in those strategies in our market, they are making money in last 2-3 months. As per their view, things would change now.

I do not think, it would affect professional like you.

Happy trading!

 

[simple_trader]

Being Friday today, we can not rule out volatility in today's trading. We could see some profit booking as well. Range of the market can be 4990-5120 future broadly. Fresh longing around 5100 level can be avoided.

There are two resistance levels for today 5080 spot and 5110 spot as per two different charts (for day trading today).

Happy trading!

 

[rajputz]

Check HDFC for further upmove. Higher pivot for last few days is broken. More upside is expected.

 

[rajputz]

Notice the longs for Balramchini also. After a long time it has crosses the pivot high. CCI is also positive...

 

[SwingKing]

Dear AW10,

Those were targeted towards many new option writers without protection (short straddle and short strangle etc.). Also it seems some new money guaranty funds, are active in those strategies in our market, they are making money in last 2-3 months. As per their view, things would change now.

I do not think, it would affect professional like you.

Happy trading!

No matter what the strategy is , If someone wants to write options, environment of high volatility is like icing on the cake. Essentially you want to collect the highest premium possible, and why would one miss out on this as of now. As far as I am concerned, we have gone through a period of very low volatility. And now we are finally in volatility expansion (or high volatility) phase. I don't see this ending soon. Volatility operates in cycles as well, and as of now, there is still some room left for volatility.

Tc

 

[simple_trader]

No matter what the strategy is , If someone wants to write options, environment of high volatility is like icing on the cake. Essentially you want to collect the highest premium possible, and why would one miss out on this as of now. As far as I am concerned, we have gone through a period of very low volatility. And now we are finally in volatility expansion (or high volatility) phase. I don't see this ending soon. Volatility operates in cycles as well, and as of now, there is still some room left for volatility.

Tc

Thanks for your comment Raunak ji.

I beg to disagree that it will be icing on cake as compare to last three months or so. Agree that volatility will increase more and will be there for sometime. It means also fast moves will happen in both ways beyond the ranges.

Obviously high risk means it may have high reward as well. But one has to encash it, which many not be a easy tasks for all (Specially game may change).

Happy Trading.

 

[simple_trader]

Is DLF Weekly chart showing positive divergence? Please confirm. If it is true, we could see good rally in DLF.

Happy trading!