My Daily Options Trading Diary

[findvikas]

My Holdings - 08/09/2009


Scrip - Strike - Avg. Price - LTP - Quantity (in stocks & not in lots)
=================================================
SUZLON - 100CA - 2.4 - 6.35 - 6000
NIFTY - 5000CE - 44 - 39 - 350
ESSAROIL - 175CA - 3 - 2.10 - 1412
SAIL - 170CA - 7 - 5.5 - 8100

Total cost of holding = 90736
Current Value of holding = 99670.2

Unrealized Profit/(Loss) for the month = 8934.2
Available cash before open = 15000/-
Available cash after close = 0/-

(this cash is ONLY for options trading and to keep it simple, I am again rounding off the cash.)


Intraday trades for today...

• Sold 6000 Suzlon at 8.2 so remaining 6000 came down to a avg price of 2.4 after adjusting booked profit
• Bought 1 lot of 4700PE at 66, covered it at 82 and avg out my previous 5000CE bought at 49 to a price of 44 from the booked profit and from some extra cash.

It might sound little confusing but I am adjusting booked profits to bring down the avg cost of holding rather then showing as extra cash.

(I am not accounting any brokerage to keep it simple.)

 

[findvikas]

My target is to close September month with above 2lakh in my account for options trading. Almost 100% return, lets see how it goes.

 

[mayavi99]

My target is to close September month with above 2lakh in my account for options trading. Almost 100% return, lets see how it goes.

Vikas, I am quite sure you will be able to surpass your targets. I am posting the example of my FNO trades. As on Sept 01, I had a credit balance of Rs.10000/- & shares worth around 70000 in the pool account with the broker. Leaving my holdings untouched, i did the following trades during this period.

SCRIP		BUY PRICE/DATE	SELL PRICE/DATE	NET REALISED

MINIFTY		 4707/01.09	 4697/01.09	(-)10X20     = -200.00
RELCAP-900CA	32.60/01.09	46.40/02.09	13.80X 276  = 3808.80
NIFTY-4600PE	129.50/02.09	139.50/02.09	10.00X 50    = 500.00
RIL-2010CA	 60.05/02.09	 73.10/08.09	13.05X150   = 1957.50
NIFTY 4600PE	128.05/03.09	139.90/03.09	11.85X50    =  592.50
NIFTY 4700CE	 89.00/03.09	101.00/04.09	12.00X50    = 600.00
MINIFTY	 	4594/04.09           4626/04.09	32.00X20    = 640.00
MINIFTY		4715/07.09	4740/07.09	25.00X20    = 500.00
IFCI--65CA	 1.60/08.09      2.25/09.09             0.65X7880    = 5122.00 
MINIFTY		4794/09.09	4817/09.09	23.00X20   =  460.00

Total booked profit for these nine days is 12800 excluding brokerage& stt, -- main contributors being RELCAP & IFCI. I am on a 9-6 job and cannot sit in front of a terminal and analyse the movement, except when I am on leave. I have a very friendly broker, who invariably calls me often to give updates on price movements, as he did today on IFCI call. I haven't followed any specific strategy, other than the support /pivot res. levels and the discussions on trend/breakout of various stocks discussed in several interesting threads here at Traderji. All this I owe to the Traderji community and its active members for their valuable suggestions as communicated in various posts.

My present holding is NIFTY 4700PE @ 79.00--CMP 65.90

Now I plan to withdraw my original 10000 cash from the account and continue trading only with the profit earned so far.

 

[findvikas]

My Holdings - 09/09/2009


Scrip - Strike - Avg. Price - LTP - Quantity (in stocks & not in lots)
=================================================
NIFTY - 5000CE - 44 – 42.5 - 350
ESSAROIL - 175CA - 3 - 2.5 - 1412
SAIL - 170CA - 7 - 5.9 - 8100
TATASTEEL – 470CA – 13 -

Total cost of holding = 96200
Current Value of holding = 84836.6


Unrealized Profit/(Loss) for the month = (11363.4)
Available cash before open = 0/-
Available cash after close = 17000/-

(this cash is ONLY for options trading and to keep it simple, I am again rounding off the cash.)


Intraday trades for today...
• Sold 6000 Suzlon at avg. 6.1 (realized profit of 22200) on the entire 4 lots for the month
• Bought 2 lot of TATASTEEL 470CA at 66, covered it at 82 and avg out my previous 5000CE bought at 49 to a price of 44 from the booked profit and from some extra cash.

Note: I will be taking off 15k profit off the table by today EOB so that tomorrow's opening cash will be around 2-3k and I will update it tomorrow
(I am not accounting any brokerage to keep it simple.)

 

[findvikas]

Vikas, I am quite sure you will be able to surpass your targets. I am posting the example of my FNO trades. As on Sept 01, I had a credit balance of Rs.10000/- & shares worth around 70000 in the pool account with the broker. Leaving my holdings untouched, i did the following trades during this period.

SCRIP		BUY PRICE/DATE	SELL PRICE/DATE	NET REALISED

MINIFTY		 4707/01.09	 4697/01.09	(-)10X20     = -200.00
RELCAP-900CA	32.60/01.09	46.40/02.09	13.80X 276  = 3808.80
NIFTY-4600PE	129.50/02.09	139.50/02.09	10.00X 50    = 500.00
RIL-2010CA	 60.05/02.09	 73.10/08.09	13.05X150   = 1957.50
NIFTY 4600PE	128.05/03.09	139.90/03.09	11.85X50    =  592.50
NIFTY 4700CE	 89.00/03.09	101.00/04.09	12.00X50    = 600.00
MINIFTY	 	4594/04.09           4626/04.09	32.00X20    = 640.00
MINIFTY		4715/07.09	4740/07.09	25.00X20    = 500.00
IFCI--65CA	 1.60/08.09      2.25/09.09             0.65X7880    = 5122.00 
MINIFTY		4794/09.09	4817/09.09	23.00X20   =  460.00

Total booked profit for these nine days is 12800 excluding brokerage& stt, -- main contributors being RELCAP & IFCI. I am on a 9-6 job and cannot sit in front of a terminal and analyse the movement, except when I am on leave. I have a very friendly broker, who invariably calls me often to give updates on price movements, as he did today on IFCI call. I haven't followed any specific strategy, other than the support /pivot res. levels and the discussions on trend/breakout of various stocks discussed in several interesting threads here at Traderji. All this I owe to the Traderji community and its active members for their valuable suggestions as communicated in various posts.

My present holding is NIFTY 4700PE @ 79.00--CMP 65.90

Now I plan to withdraw my original 10000 cash from the account and continue trading only with the profit earned so far.

There are two trades that I have not included in this list as they were done before 1st September although they were part of Sept. series only. On August expiry I bought 7lots of TATASTEEL 400PA at avg of 11.5 and sold them all 3 days later at 18.. a whopping 36000 profit in merely 3 days.

Another trade I am not including is that because its actually paper trade , I bought 3 lots of Reliance 2010CA (on papers) at 38 and as of today's closing its above 170... again in 4days only

Lets hope I do not miss such bus again... another whopping 300% gain in 4 dyas

 

[findvikas]

As it would be difficult for me to calculate the profit loss and also will be difficult for everyone to understand. I have decided to get the data from Kotak's website, format in Excel and post it "as is"

This data will include all the brokerage as well, but I would be able to update the thread only in morning as I by then my positions will reflect properly in Kotak's website

Till 9/9/2009

Cash Balance : 2627.00 (withdrawn 15000 from account)


Beginners may see that there is a huge risk involved as well with options, and taking naked positions overnight can be very risky. See my RENUKA's call giving me more than 50% loss overnight... I was lucky enough to close the call in morning otherwise it could be 100% loss.

The moment you fall, never get disappointed.. stand up.. dust off and start walking again!

 

[findvikas]

Till 10/09/2009

I have taken just 15,000 so far from the table and rest all earned profit is used to take the current positions.

Correction... this is not a loss - "You may consider this as a Unrealized loss of 5000 so far as I have secured the 15000 from the profit by withdrawing that."
I had started options with around 80k and current holding's value is above that even after withdrawing 15k... its around 20k in profit.

 

[findvikas]

My few paper trades...

Scrip - Buy - LTP - Duration - % profit
SESAGOA 220CA - 10.5 - 25 - 4 days - 138%
MARUTI 1530PA - 42.95 - 89.95 - 4 days - 109%
Reliance 2010CA - 38 - 155 - 8 days - 307%

Overall 200% return.. in just 8 days.

... I am still learning this.

 

[AW10]

Vikas, do u also have the data about the date of purchase on this and SPOT price on that day. I guess, they all were OTM calls which turned into ITM in last 4 days.
Thats cause the directional call went correct on them.

By the way, any idea about what happened to OTM PUTs on same stock in these 4 days where directional call gone against them. I am sure, they would have lost by similar %.

In my view, the core of trading OTM option is getting Directional call right.. and managing profits well else it is double edged sword.

By the way, thanks for opening up your trade diary here..

Happy Trading

 

[findvikas]

3 Sep - RELIANCE LTP. 1,927.75 , 2010CA LTP 40
7 Sep - SESAGOA LTP. 219.40 , 220CA LTP 10.5
7 Sep - MARUTI LTP. 1,559.00 , 1530PA LTP 42.95

All my options picks are near money picks and I use Support/Resistance to enter/exit along with 60min MAs to confirm my entry/exit

Today's paper trade..

Scrip - BUY - TGT - DURATION
ICICIBANK 840CA - 22.5 - 35 - 4-5days

ICICIBANK's LTP = 835.15, 840CA's LTP = 23

832 was the resistance per me and it managed to close above 832