My Daily Options Trading Diary

[findvikas]

long wale khushiyan manao... US Stocks Up; Jobless Claims Dip.
S&P is expected to retest 1080, may be today itself or most likely tomorrow... if it break 1080 then no one can stop it to test 1100

I think we will cross 5200 very soon and above that 5300 by Diwali.... am I too much optimist ???

I don't think I was too much optimist... tomorrow will be a good day...
my picks will be RIL 2220 CA, NIFTY 5400CE, TATASTEEL 560PE

about the US markets they made another all time high and as I said about S&P it opened around 1078 and within few minutes it was above 1080 and never even touched it again.. it closed at 1092 while DOW closed at 10014.. cheers and

 

[findvikas]

bought 5400CE @ 8.25 trading at 8.7
TATASTEEL 560 PA bought at 10.10 trading at 13.25... going to hold I guess or book it if 15 comes today
Entered into RIL 2220CA at 32.5 trading at 35

Suzlon is back with a bang... I am expecting it to test 92 either today or breach 95 by tomorrow...

 

[nagendra_gb]

yeah vikas even am long on 100 call option of suzlon .. lets see

 

[findvikas]

bought 5400CE @ 8.25 trading at 8.7
TATASTEEL 560 PA bought at 10.10 trading at 13.25... going to hold I guess or book it if 15 comes today
Entered into RIL 2220CA at 32.5 trading at 35

expecting a sudden bounce back in green for nifty.. watch out for it, may be a close around 5140

 

[nagendra_gb]

keep an eye on dlf above 441 .. it may blast to 500

 

[findvikas]

surprised by the NIFTY move?

 

[MurAtt]

More than 32L (almost 34-35L) NF traded in 10 minutes

So should we see a Gap-Up 2morrow?

Had bot 5100CE @ 90. Exited at 100 today.
Earlier it the day had bot same and lost 8 bucks. So even stevens today too.

Bot Cairn [email protected] for 2morrow ....

 

[findvikas]

Happy Diwali in advance to everyone... I will not be trading tomorrow as I am flying back to Delhi (Home ) for Diwali and will close my longs on Diwali Day.

from today's trading I am holding NIFTY 5200CE @ 49.5 & 5400CE @ 8.25
closed my TISCO @ 13.75 and RIL @ 36.5

 

[findvikas]

More than 32L (almost 34-35L) NF traded in 10 minutes

So should we see a Gap-Up 2morrow?

Had bot 5100CE @ 90. Exited at 100 today.
Earlier it the day had bot same and lost 8 bucks. So even stevens today too.

Bot Cairn [email protected] for 2morrow ....

There were HUGE short covering in the last 15minutes of trade which brought the OI down to 5% from 9%...

I am studying a new MA of Fibonacci levels and should share that sometime later with more detail and it seem to be working better than normal periods most of the people use..

if you cant wait for long then here is someone mentioned it...
http://ragheehorner.com/blog/?p=157

I have not read the entire blog, just google it.. but I read it in some book and it seem to be working with very less whispaws and if put it on NIFTY weekly chart of 3 years you will be amazed to see that you could have never missed the downfall and then the uptrend... from beginning to end

for example.. put 13,21 period SMA on NIFTY historical chart and see for yourself.

 

[findvikas]

I wont be trading tomorrow but my suggestion would be to buy OIL for a target of 1400 in coming days.
BUY RIL 2220 CA on any intraday decline around 2185-2170 and book it around 2250-2300 levels.
Buy Suzlon 90CA and hold till expiry, one may cover it by selling a 110CA
Buy TATASTEEL 600CA when spot is around 570 and book it as spot approach 585-587