my options picks intraday/delivery

[stock72]

NIFTY going to straight south....tamilnadu ..perhaps out of border sri lanka...

dont worry mahinda will not allow any one to enter srilanka

 

[option fan]

be carefull below 6264 we may see 6220-6184..?? with a s/l 6289..?

it was yesterdays post... happened today

I still feel nifty fut will see arround 6280 if goes below it we may see 6250-60

not getting confident on any of my trade today..

 

[option fan]

NIFTY not falling to expectations... SBIN fut & ONGC did great work for me !!

friends... I think/feel nifty will correct from here somewhere...

an 30-50-100 points upmove... "if came" will be a great chance to short.?

I am not thinking now if NIFTY will take out all time HIGH or not.. its not bothering me...

how many of you feel the same...??

If you think nifty will correct.. how far it will have a dip?? 5800 ?5600? 5400? or just a minor correction say 6100-6050?

and yes.. which heavy weight stocks will cause majorly if the fall occurs?

I think nifty will see 6127....(spot) below it i dont know ! as I am a very short term trader sochta bhi chota hun already bought some small qty 6300 puts on muhurat day. will add more if 6400 taken out !

SBIN / ONGC can fall ?

my views.... may be wrong..

awaiting your views before market opens on monday

thanks in advance

 

[alroyraj]

Missed the SBI and ongc posts of yours...Which AFL you using...?! Great going,thats why...

 

[option fan]

bought / buy 6300 CE @ 79 s/l 65 expecting 88-92

 

[option fan]

Missed the SBI and ongc posts of yours...Which AFL you using...?! Great going,thats why...

as i look out much for option trades.. i have a small list of scrips to observe..
i.e NIFTY,RELIANCE,SBIN,SESAGOA,DLF,UNITECH,TATASTEEL,SUZLON..etc.

I am using a RWI/CCI combo which i found with my observation..which detects probability of top or bottom..( bad habit) i tried to write an AFL and done it as i could do ,as my own concept was also not clear..

i use regular indicators rather use many of those.. as i have lot of time for less no of scrips..RSI/MFI.. volume.. and all regular.. yes kagi chart also.. RSI 3/14 MFI 5/14.. rather abt this i am not specific.. i just try to cofirm trade the way i can do.. thats it

and when i get confident abt a trade... i trade.

and

 

[timepass]

bought / buy 6300 CE @ 79 s/l 65 expecting 88-92

bought 6200 puts@52 sold @62... should I buy 6300 CE ?? hmm..76.5... let's see.. maybe mini

 

[option fan]

bought 6200 puts@52 sold @62... should I buy 6300 CE ?? hmm..76.5... let's see.. maybe mini

above 6298-6300 we may see a sharp upmove...

 

[option fan]

bought / buy 6300 CE @ 79 s/l 65 expecting 88-92

Both targets done....cmp 95

10% profit lock= 84.7+ brokarage(differs for everyone If brokarage is 50+50.. u pay total 126 rs aprox per lot)... u can lock ur profit...10% per trade or... sell it !! I sold 80% @ 94 rest having trailing s/l..

 

[rrmhatre72]

Good morning..

Its all about naked NIFTY options trading for a small capital trader

Is it possible...?. Think your way... last 3-6 months I have done it succefully.

friends..

Earning a few points on NIFTY options is quite easy if we found right trade

If u have observed we have never traded in high premium or deep in the money options... so premium is usualy ranging from 40-100 rs for any trades posted in this thread.

If our trade is right.. we have usualy seen 30-100% returns on our trades.

Usualy any NIFTY @ the money or near the money options gives us 10-20% swings many times (2-3 times) a day. which is 8-10 rs on a option with a premium arround 80 rs.

If we target just 10% of profit a trade.... obiviously with strict s/l your capital may grow like below...

1st trade = 100 X 110% = 110%
2nd trade = 110 X 110% = 121%
3rd trade = 121 X 110% = 133.1%... and so on.

on 8th succesfull trade in a row with 10% predefined profit limit your capital assigned for options DOUBLES !! or 214%

As we have average 20 trading sessions in a month and we need just 8 trades with 10% profit ( which is very small in a way on options), we have lot of time to find right trades and need not to hurry !!

factors to worry ...

1. Is it a RIGHT trade..? ( patience to find rgt trade PAYs !!, we have lot of time!!)

2. If our s/l ( a must factor) is taken in a row in initial trades.. ( assign just a part of your trading capital for option trading as per your risk appetite)

3. Brokarage should be low else... ( check it 1st I am paying 25 rs + 25 rs + taxes etc now)

factors those favors.. ( considering we are into rgt trade)

1. 10% is a small tgt usualy gets done in an hr or so..

2. though we think to limit our returns per trade @ 10% it is really not necessory if you know the concept of trailing s/l. and locking 10% profit.(but never carry the trade)

3. for the 10% tgt we need not carry the trade for next day !! so no overnight risks !! exit where ever it is and find next 1 for next day.

4. its not needed to trade every day !!

5. we need just 8 rgt trades out of 20 days !( there is a scope of finding more trades !!)

6. tracking only NIFTY is sufficient !

there can be different views of diffent peoples as this seems very much statistical. and current trend is only bullish.

but with my experiance and time leavarage we have in hand i can say its succesfull with me atleast for last 6 months.

I have traded only this way and with my capital of rs 1 L have and taken handsome or sometimes huge payouts last 6 months...it is since when i started trading options.

I keep my capital fixed to 1L and take payout every month whatever above 1 L.

I am just sharing my experiance as this may help some one who is trading or thinking to trade NAKED OPTIONs.

good luck & happy trading !!

A.P

Hi AP,

What stop loss is kept by you for 10%reward?
How do you decide on SL?

How do you decide entry point?

Apreciate you inputs..