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

Status
Not open for further replies.

linkon7

Well-Known Member

Trade was not going anywhere... so had to implement exit strategy...!

exited the 4800 call at 15...!
Had placed sl at 4800 put short at its HOD 81.5... got triggered...!
thankfully the move was linear...! 4700 call short rode till 38...!

Longed 4700 put at 38... rode it till 75...!

Shorted 4300 put Dec at 62...!
waited for retracement as every one was booking profit...!
longed 4400 put at 70....!

Now holding december 4300-4400 put spread at cost of 8... (70-62)
CMP - 22

Day is over...!
 
after going this thread toady i have enter in following trade

Nifty 4000 Jan PE short at 34.20
Nifty 5400 Jan CE short at 17.30

Senoirs please comment
 

linkon7

Well-Known Member
after going this thread toady i have enter in following trade

Nifty 4000 Jan PE short at 34.20
Nifty 5400 Jan CE short at 17.30

Senoirs please comment
Question is...

why JAN series...?
why such distant spreads...?

what is ur thought process involved...?
 

PGDIMES

Well-Known Member
after going this thread toady i have enter in following trade

Nifty 4000 Jan PE short at 34.20
Nifty 5400 Jan CE short at 17.30

Senoirs please comment
Question is...

why JAN series...?
why such distant spreads...?

what is ur thought process involved...?
Adding to Linkon's question:

Now you have entered the trade, what are your exit plans?

Will you add any more legs in this trade to give it more safety cushion?

I assume you would sit on this trade till Jan expiry... In that case you have locked around 35-40k for a return of maximum 2.5k...
 

linkon7

Well-Known Member
today's trade :

Bot 4700 straddle nov series for 58...!

reason : avg range on expiry days is 70 to 100..!

4714 - 70 = 4744 tgt down side
4691+70 = 4671 tgt up side

exited total for 75...!

day over...!
 

chintan786

Well-Known Member
today's trade :

Bot 4700 straddle nov series for 58...!

reason : avg range on expiry days is 70 to 100..!

4714 - 70 = 4744 tgt down side
4691+70 = 4671 tgt up side

exited total for 75...!

day over...!
i think it is:
4714 - 70 = 4644 tgt down side
4691+70 = 4771 tgt up side
 
Status
Not open for further replies.

Similar threads