My Daily Options Trading Diary

[aditya14]

Wow a lotta posts in 1 day.I did short the Calls as i promised and booked some profit but my suzlon ***** has made me a beggar this month daytrading suzlon has been quite rough.

Holding 4 written 5100CE at 24 with no hedges kinda risky.Lets see what happens monday

 

[findvikas]

You Bet!!! Monday will be a gap down... S&P has next week target of 1020 then 995

Day has just started... wait and watch

If Dow doesnot care about unemployment rate rising to 10.2% in USA, Nifty cares too hoots about it. 4860 is for testing on Monday

This will only cause short term blip. Wow as I type this Dow is from -60 to -8 already. OHHH to -2 already. tighten your seat belts for Monday.

Cheers !!!

And then 4920-25 (+ or - 15) as it is 61.8% retracement of total fall.
If after that is falls .. expect 4400 next else 5100 ..

Cheers

Have a nice weekend everyone ....

 

[findvikas]

I have learned one thing .... when in doubt do not take overnight positions... earlier I used to track US markets on Friday night and hoping it will close in my favor and if it does not my weekend is spoiled...

Today.. I have no worries... who cares if it is gap up or gap down... I am loving the trend!

 

[findvikas]

Wow a lotta posts in 1 day.I did short the Calls as i promised and booked some profit but my suzlon ***** has made me a beggar this month daytrading suzlon has been quite rough.

Holding 4 written 5100CE at 24 with no hedges kinda risky.Lets see what happens monday

5100 is way too outta money but the time period is very much available so it wont decrease much in value... max 20-19 so not really worth taking the risk. You should have written 4800CE or 4900CE which will give you better return

 

[sanjaysm]

dow will go higher coming days
today also closing in greeeeeeeeen

 

[findvikas]

dow will go higher coming days
today also closing in greeeeeeeeen

Let's Bet on this ... a RED close
as for the indian markets... we need three continuous days trading above 4854 to reverse the bearish trend.

 

[sanjaysm]

i m not expert in market just learning from u senior people

 

[aditya14]

5100 is way too outta money but the time period is very much available so it wont decrease much in value... max 20-19 so not really worth taking the risk. You should have written 4800CE or 4900CE which will give you better return

Didn`t have the stomach as i got hit hard by Suzlon in 2 days it wiped my 7 day daytrading winning streak money.

 

[findvikas]

DOW is trading without Smart Money... pro traders are not yet into the picture.

 

[AlokTewari]

You Bet!!! Monday will be a gap down... S&P has next week target of 1020 then 995

Day has just started... wait and watch

Hi,

I donot know if Monday will be gap up or Gap down but the way we have seen volatility for last 2 days, it seems tracks are been cleared for F1 race. Weak hands are been flushed out. My guess is a franzied rally is on its way which will evantualy culminate in deep correction.

Cheers !!!