Nifty : Real time discussions...!

[linkon7]

carry over trade :

shorted 5400 put 3x at 56...
bot 5500 put 2x at 86...

net risk 4 points...! plenty of time at hand...!

 

[PGDIMES]

carry over trade :

shorted 5400 put 3x at 56...
bot 5500 put 2x at 86...

net risk 4 points...! plenty of time at hand...!

Yeah... 22 trading days left for a normal options trader... Few hours left for you to square off these positions... :lol:

 

[linkon7]

Yeah... 22 trading days left for a normal options trader... Few hours left for you to square off these positions... :lol:

seriously need some patience-vita...!:lol:

 

[PGDIMES]

Linkon,

How would it look like till expiry! Short 7X 5500 PE @ 17, Long 2X 5600 PE @ 62... Maximum loss 5 points... Maximum profit 195 points... if Nifty retires hurt on 5500 at expiry... :lol:

 

[linkon7]

Linkon,

How would it look like till expiry! Short 7X 5500 PE @ 17, Long 2X 5600 PE @ 62... Maximum loss 5 points... Maximum profit 195 points... if Nifty retires hurt on 5500 at expiry... :lol:

looks really good actually...

assuming a range between 5490 to 5550 tomorrow, 5500 pe of this month will shoot the roof if 5490 breaks. That acts as SL. Assuming a premium of just 20 points on 5500 put if nf breaks 5490, 5500 put will give u a heart burn of 13 x 7 = 91 points. while 5600 more than compensates it. anything above 5490 is safe... a break above the 5577 mark is exit for 5600 put...

yup... looks very safe....!

 

[linkon7]

Hi Linkon,

What do you expect from market in this strategy & what is its breakeven ?
Thanks......

I bot it because the put looked cheap...! Either we break 5625 on the up side... where i'll exit the 5500 put or if we break 5448, then i exit the 5400 put short...

Either ways target is just 15-20 points max...!

 

[Restinpeace]

With SGX Nifty already +40 up and an intermediate intraday trend up, we will breach 5585 and head to 5625 today. SHort covering may push us to even higher levels.

 

[sumeetsj]

Two areas marked in the chart:

1. 50 Week MA, (although the week is not over), 5540-5555 zone is to be watched for resistance

2. Stoch has given a bullish crossover on weekly charts

Nifty Spot 5580 as i write this

 

[trader.trends]

56PE bot at 33.40. SL at LOD

 

[trader.trends]

Did not feel comfortable as sellers in PE increased dramatically. Exit at 32.75