NIFTY Options Trading by RAJ

[Somatung]

Now sold the MAR 6150 put @ 130.00 to neutralize the Long MAR 6100 put (138.80) = Put debit spread.

 

[chintan786]

There is a massive build up in Feb 6000 PE. It is almost more than 1 Crore now. what if Nifty touched 6000 again.

 

[Somatung]

There is a massive build up in Feb 6000 PE. It is almost more than 1 Crore now. what if Nifty touched 6000 again.

There is a stop loss placed on the way down and if market quickly moves down, lets say in the next few minutes, this would be no problem.

 

[Somatung]

Hedged now with the Feb/6100 short call @ 49.35

End position for today: Short Feb strangle with the short Feb/6050 put and the short FEB/6100 call.

 

[bhoirGB]

Thanks Sir

 

[Somatung]

Nifty actual @ 6098

Open trades as of now:

Put debit spread with the long MAR 6100 put and the short MAR 6150 put. This position cost me 8 and the trade will not be touched, as this is a hedge to the over exposure risk the MAR 6100 long leg in the current market situation starts to show. Now I let it run as it is and play the time decay game. If needed we can act later on each of those legs, but for the moment I concentrate on the second new open play which is:

Short FEB 6050 put and short FEB 6100 call = Short strangle. OI on the FEB 6000 put is huge. If you look at the put call ratio, you will recognize more OI on the put side. You can take this in consideration and use it as a tool in what ever way you think it helps your trading.

MAR series faces a loss of 8 which is now stabilized through the hedge as long as we not touch it and let is expire the way it is. There are some other ways to handle this trade, but let it stay simple.

FEB series are in profit with 11 and the over night hedge is done. So next step will follow tomorrow when needed.

Watch list:

Tata Steel actual @ 374.05
FEB 300 put actual @ 0.10 with an IV @ 61.21. IV got higher as it is now again more otm. Here we need some action from the market, other wise the chance this trade gets in to any money will be gone.

By the way: Thanks to Sir Healthraj to let me post in his thread about some option knowledge/trading. :thumb:

And here is a chart in which you have the reasons to each move. http://www.traderji.com/futures/91950-day-trading-futures-162.html#post935978 You also can compare the time in my above posts when action was needed and I posted that it has/was done now.

 

[ss16021981]

sir after month i had open oat excel sheet but after pressing refresh button there is not data all value r showing zero am i missing something in this period

 

[premkumartalreja]

Looking at the OI in Bharati Airtel one can sell 310 Call @ 4.30 ( Lot 1000 ).

Or Short Bharati at current levels.

 

[Somatung]

Bought back the short FEB 6050 put @19.25

 

[vssoma]

Bought back the short FEB 6050 put @19.25

kya doud doud ke thak gaya...am talking about market...