My Daily Options Trading Diary

[findvikas]

Here is my today's trade...

Current holdings...
1 lot FUTURE @ 4770... LTP 4765
2 lot 4800CE @ 108... LTP 109


Will Sell FUTURE and BUY 6-8 lots of 4800CE for the same price and hold them for the day. I would be cautious to take them for Monday as US has some important data coming today Employment Situation - http://www.bls.gov/news.release/empsit.nr0.htm


US operators could take nifty around 4900 mark to trade there and distribute at higher levels to close above 4900 and then open US markets in RED/flat to close in RED after possible bad numbers. This way they can take NIFTY back 2%-3% down on Monday opening

These are just my thoughts but it has happened many times with US.. they manipulate the charts like anything. Lets see where we land up today

 

[arnav_rulz]

Goodluck for the market everyone...

Wish me luck for my CA exams start today.. Am very nervous !!

 

[Shravan Reddy]

Goodluck for the market everyone...

Wish me luck for my CA exams start today.. Am very nervous !!

All the very best dude...:thumb:

 

[Mangafreakz]

Which one Arnav , CPT , inter or finals ?

 

[arnav_rulz]

Which one Arnav , CPT , inter or finals ?

Inter which now called PCC.. I gave one group in June and cleared it.. just wish more me that i clear the 2nd group this time

 

[findvikas]

Sold my Future @ 4820
Bought 4 lots 4800CE @ 128

 

[findvikas]

short @ 4822.. tgt 4801... SL 4825 (SPOT)

 

[findvikas]

booked my longs at 6lots 4800CE avg 119 @ 129..

 

[gbiradar]

booked my longs at 6lots 4800CE avg 119 @ 129..

Y did u book it? U think market has more downside today?

 

[findvikas]

no smart money into play... they took shorts at the opening around 4830... if you do not see a trade above 4840 then there could be retest of 4780 levels... trading below 4780 can bring it further down