NIFTY Options trade : Why and what-if...

[linkon7]

exited 4700 put at 20....!
entered 4800 call at 17.50...!

why..?

New low made with lesser momentum...! will enter 4700 put is 4735 is broken,...! as of now..system says balanced market....!

No aggression on the south side....! Higher probability of gap getting filled....!

 

[linkon7]

33 point range on a day...

....we are about break yearly lows....!
...a day before expiry...!
....December series is in a premium....!


reminds me of a saying that market can stay irrational... longer than i can stay solvent....!

 

[timepass]

entered 4800 call at 17.50...!

Any targets for this ?

 

[linkon7]

Any targets for this ?

target is 4763-4767...! If we close below 4740 today..then this call is going to get the pink slip...!

LOD breaks and no reaction...!

So far...! Bulls are on a holiday...! Bers covering shorts creating bullish order flow and fresh bears shorting...creating bearish order flow...!

 

[trader.trends]

Ask bid gap widening to two points at times on NF!

 

[timepass]

BB width on 5 min TF is just about 15 pts !! I don't remember seeing it so narrow ever.

 

[trader.trends]

One of them has to come in with a bigger bazooka now!

 

[linkon7]

One of them has to come in with a bigger bazooka now!

I am betting on failed trade on the up side... to enter short...!

Afraid that opportunity will pass by while nifty manages to put me to sleep...! So damn hard to stay awake...!

 

[trader.trends]

In a month, money is made on just 3-4 days, rest of the days is scratch trades or giving up a bit of the juice you made. Pareto's principle of 80% of money on 20% days holds so true in the market too.

 

[timepass]

I am betting on failed trade on the up side... to enter short...!

May happen around europe opening; the futures are trending lower anyway.