My options trading diary----kiran_thiru

[kiran_thiru]

nifty intraday chart 12-03-2013

 

[kiran_thiru]

bank nifty intraday chart 12-0302013

 

[kiran_thiru]

nifty intraday 15-4-2013

nifty starting at pivot level. non stop rallied upto R3. at that point face resistence and slide down. ema5&15 may cross tomorrow. if crossed we may go short.

 

[kiran_thiru]

bank nifty intraday 15-4-2013

same as nifty, bank nifty also started at pivot level, non stop rally upto R3. face strong resistence at that point and slide down. ema5&15 may cross tomorrow. hoping that yesterday may reversal.

 

[kiran_thiru]

nifty intraday chart 16-04-2013

 

[kiran_thiru]

bank nifty intraday chart 16-04-2013

 

[kiran_thiru]

reliance is crashed down from 810 to 792. 840 ce is down upto 80%. trading currently @ 2.80. previous close @ 11.65
but 740 pe is also down 60% currently @ 2.65. previous close @ 6.30

why is pe also down. if any comments pls answer.

anyway bought pe @ 3.30 at starting, it down to 2.00. so again bought @ 2.30
total 2 lots @ 2.77

 

[kiran_thiru]

bought nifty 5500 pe 2@ 7.55--2 lots
nifty is not going above 5708
stoploss @ 5712

 

[jamit_05]

reliance is crashed down from 810 to 792. 840 ce is down upto 80%. trading currently @ 2.80. previous close @ 11.65
but 740 pe is also down 60% currently @ 2.65. previous close @ 6.30

why is pe also down. if any comments pls answer.

anyway bought pe @ 3.30 at starting, it down to 2.00. so again bought @ 2.30
total 2 lots @ 2.77

Sure. It is a simple case. And happens very often.

Lots of people take Stangles, expecting price to move sharply in one direction or the other. And as soon as they get profit, no matter how little, they are quick to get out... so when these strangles get out (sell positions) in big volumes prices fall on both sides.

 

[kiran_thiru]

exit in nifty 5500 pe @ 6.80--2lots
loss--75