My Daily Options Trading Diary

[MurAtt]

Vikas,

I once read in your post that you were sleeping ...
So you stay awake till 1 in the night/morning and then sleep in the day ....

:rofl: Do not take otherwise ...

 

[findvikas]

I work 24x7... I sometime feel that I have less hours in the day or I work a lot.
I am a professional software consultant so you can understand my work life balance and to add to it, I work for US Clients primarily who keep me awake from 7pm-4am IST ( my official work timings)... then there is 9.30am-3.30pm which keeps me busy and now you can understand when I am sleeping...

Most of the time I check and reply to the forum from my Windows Mobile phone.

 

[findvikas]

ohh I have a flight in the morning at 9 and havent slept more than 3hours in past 30hours ... time to go to bed for some time...

 

[fabrics]

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...

WOW u hit the bulls eye in RIL & TATA.
I missed the bus.

 

[nagendra_gb]

i went long on relcom 350 call option wht do you guys feel is it a better idea..

 

[MurAtt]

i went long on relcom 350 call option wht do you guys feel is it a better idea..

Too far off -- Nagendra ... 350 or is it a typo and should read 250

btw my Cairn bot at 4.3 sqrd off at 10.25.
Nifty 4900CE bot at 170 sqrd off at 261/-

So some money off the table though Nifty had a trading volume bar of around 22Lacs (short covering?) in the last 10 minutes ...

So expect a gap-up 2morrow on Muhurat ...

 

[findvikas]

I am still holding my both 5200 and 5400... as market closed on strong note i think my 5200 will go ITM tomorrow where I will book both...

 

[NiftyFantasy]

i think my 5200 will go ITM tomorrow where I will book both...

Good luck ...but i think it is absolutely a day dreaming... Nifty is showing a heavy resistance now...

 

[AlokTewari]

Hello

I agree. 5200 for this month seems too far. with only few days left for Oct. series. writting 5200 call should be good idea. Option writer would also want to eat the premium of 5100 put. We will surely see below 5100 level either on last day or a day before expiry. Poor results of Bank of America & GE have laid the foundation stone for this. I hope I am wrong but chances that I could be dead right.

Gap up open ( if it happens ) for Muhurat trading would be ideal opportunity to sell 5200 call & 5100 put.

Happy Diwali !!!

Alok tewari

 

[MurAtt]

Hello

I agree. 5200 for this month seems too far. with only few days left for Oct. series. writting 5200 call should be good idea. Option writer would also want to eat the premium of 5100 put. We will surely see below 5100 level either on last day or a day before expiry. Poor results of Bank of America & GE have laid the foundation stone for this. I hope I am wrong but chances that I could be dead right.

Gap up open ( if it happens ) for Muhurat trading would be ideal opportunity to sell 5200 call & 5100 put.

Happy Diwali !!!

Alok tewari

Are you predicting expiry between 5100 & 5200 which again is contradicting what you have written!!!!!

1. Marked in Red : Sell 5200 Call means mkt not closing abv 5200 and Sell 5100 Put means mkt not closing below 5100 else you would lose out ...
2. Marked in Blue : Then why sell the put at all? You will lose ....
AND
conclusion of Pt 2 is contra-dicting Pt 1

Please elaborate on this ....