My Daily Options Trading Diary

[PGDIMES]

Abhi 2 hrs ki picture baki hai mere dost.Aage aage dekho hota hai kya:cheers:

All European markets are deep in the green. So where r u on earth???!!:clapping:

 

[fabrics]

do you have any proof that something might go wrong in the last hour?
Or are you speculating?

Rajiv

dost are'nt we all speculating one way or the other

 

[trade4putuval]

dost are'nt we all speculating one way or the other

That's there. No offence meant!
If you genuinely have some statistics to prove it, then we can hold our positions, else we can think about getting out at whatever loss it is, lest it becomes a bigger loss!!

Rajiv

 

[fabrics]

That's there. No offence meant!
If you genuinely have some statistics to prove it, then we can hold our positions, else we can think about getting out at whatever loss it is, lest it becomes a bigger loss!!

Rajiv

i AM ALSO HOLDING A LOSING POSITION IN NIFTY 4700 pe bought @ 51/-. But a sudden acceleration of this nature will correct itself.Plz dont take my word & book ur losses if u feel uncomfortable.

 

[findvikas]

a bad day in all senses... SL hit hard but not shaken to death not yet moved my positions to 4900pe @ 78 from 4700pe .. loss was auto booked @ 45

 

[findvikas]

one thing I want to make very clear is that with options trading we are NOT creating any value for our money and its pure "Exchange" of money from one guy losing to another guy winning. So there will always be one looser in options trading... at times its "you" and other times its the other guy.

 

[trade4putuval]

welcome back, vikas!! We were like warriors without our king. LOL!!
So have you done ur analysis? Or still in a sleepy mood?

Got 1 lot 5000PE @ 115.05.

Rajiv

 

[stockBond]

dont buy out of money... better buy suzlon 65 put for nov series.
waise i wont recommend to trade suzlon via options... does not give much change in premium value

nifty up
Suzlon down
enjoy !!!!!!!!!!!!

 

[findvikas]

everything is in favor of bulls today... good volume, market breadth and global markets.. but dont forget that this is just the second wave up which is waiting for an external trigger to end its up move and start a fresh 3rd wave down which should take us well below the lows of 1st wave... its better if we go touch 5000 mark today and close around 4975 to technically finish the 2nd wave up around 5045 levels.. (79% retracement)

 

[trade4putuval]

everything is in favor of bulls today... good volume, market breadth and global markets.. but dont forget that this is just the second wave up which is waiting for an external trigger to end its up move and start a fresh 3rd wave down which should take us well below the lows of 1st wave... its better if we go touch 5000 mark today and close around 4975 to technically finish the 2nd wave up around 5045 levels.. (79% retracement)

1. What's the low of the first wave?
2. Have 1 4800PE @ 86, 1 4900PE @ 102 and 1 5000PE @ 115.05.
What should be the action for today?

Rajiv