My options trading diary----kiran_thiru

[kiran_thiru]

exit from 6000 pe @ 7.55---3 lot
profit--45--less commission
reason--nf not dowm from 6090 waiting for any side move

 

[kiran_thiru]

nifty trading chart

 

[kiran_thiru]

bought sbin 1850 pe @ 15.95--1 lot

 

[timepass]

bought sbin 1850 pe @ 15.95--1 lot

I've been monitoring this scrip for some time. Had 2 scalps in it. What's your SL ??

 

[kiran_thiru]

stoploss is 1860 above
as per my chart revers from down to up wave

 

[timepass]

stoploss is 1860 above
as per my chart revers from down to up wave

Kiran the direction may be right, as a matter of fact I do think that it is right and that SBIN futures may kiss 1850 at least once today

The problem is that the options are bleeding premium, so close to the expiry. So I think that you should define your SL in terms of option value, not futures value. Maybe something like 14.5 or 14Rs. or whatever.

 

[akhill]

Kiran the direction may be right, as a matter of fact I do think that it is right and that SBIN futures may kiss 1850 at least once today

The problem is that the options are bleeding premium, so close to the expiry. So I think that you should define your SL in terms of option value, not futures value. Maybe something like 14.5 or 14Rs. or whatever.

truly said... in the expiry week, options lose their premium very fast with just one opposite move.

 

[kiran_thiru]

exited sbin 1800 pe @ 12.15
loss--475

 

[kiran_thiru]

nifty & sbin is down
missed some profit

 

[kiran_thiru]

bought sbin 1900 ce @ 7.50