NIFTY Options Trading by RAJ

[mvkarthik]

pair sell
PE 8200
CE 8300

pair sell at-109.15
exit at-99.75
profit-470.00

 

[anilnegi]

I have sold 8xxxCE, 8xxxPE @ 141.60 . (Spot 8150)

Now its 134.70. I sold both strike are same. its may be right or wrong.

---------------------------------------------------------------

Now i Booked @ 130.35. (spot : 8175)
Total Profit for 2 Lots = 562.50

very dangerous, the idea is to sell around 120 and not 134,

 

[soumanag]

Nifty Jun Fit gained .91% whereas the OI increased by 42k which is less than yesterdays OI increase. Will be keeping an eye whether this causes a slowdown on the gains of Nifty.

 

[soumanag]

I have sold 8xxxCE, 8xxxPE @ 141.60 . (Spot 8150)

Now its 134.70. I sold both strike are same. its may be right or wrong.

---------------------------------------------------------------

Now i Booked @ 130.35. (spot : 8175)
Total Profit for 2 Lots = 562.50

Hi,
Pls post the exact strikes so that we can have a better idea about your trading logic.
Unless u are posting live calls it wont b in conflict with forum rules.
Live calls means predictions regarding levels, targets & SL etc which may lead to ramping.
Your posts on the other hand are trade reports that you have executed and booked. Don't think moderators will have any objection with those posts.

 

[sumantra]

Hi,
Pls post the exact strikes so that we can have a better idea about your trading logic.
Unless u are posting live calls it wont b in conflict with forum rules.
Live calls means predictions regarding levels, targets & SL etc which may lead to ramping.
Your posts on the other hand are trade reports that you have executed and booked. Don't think moderators will have any objection with those posts.

could anybody guide me how to trade in options and what is the profit per month by using 100000/- as trading capital ?

 

[soumanag]

very dangerous, the idea is to sell around 120 and not 134,

Agreed, when we sell same strike pair then we are betting that prices will remain stable for some time.

Only time this may work is when IV for both the options are unusually high and an impending crash of IV brings down both the option prices.

On the other hand we can buy a pair with same strike (ATM) just before a big event when it is expected that IVs will go up.
Refer to RAJ,s posts just before the budget.

Regarding the 120 pt rule, I m not sure whether that is applicable here since the SL & targets in this strategy are different from RAJ's original short straddle strategy.

 

[soumanag]

could anybody guide me how to trade in options and what is the profit per month by using 100000/- as trading capital ?

Hi,
Suggest you start reading this thread from page 1 post 1 and start paper trading.

Regarding returns:
U can make decent returns following the strategy mentioned in this thread. On the other hand you can blow 1 L within few months (as I did ) by trading naked options without properly understanding options. I suggest forget about returns to begin with and get a sense how the strategy is working.
Good luck bro hope you make it big

 

[anilnegi]

could anybody guide me how to trade in options and what is the profit per month by using 100000/- as trading capital ?

Sumantra bro

the target should be how to trade rather than how much? pls get insight of option in case u are a pro in this, your views are always welcome

thaks

 

[agos]

Karthik Sir,
Great to see you back with intraday live trade updates.
Waiting eagerly on your take on Position trading with OI analysis.

Best Regards, as always,...

 

[mvkarthik]

MAX OI Time-9.50

PE 8000- 6,274,400
CE 8300- 5,244,900
-------------------------------
MAX CHOI Time-9.50
PE 8200- 730,375
CE 8200- 183,075
--------------------------------
MAXOI PE 8300 lv,bulls started give more pressure form 8200 lv,
for nifty go up,bears trying to protect 8300,
if MAX OI CE change from CE8300 to CE 8500,nifty will go up from this lv.
let see what happ
(its my view only)