Nifty : Real time discussions...!

[trader.trends]

Shorted break of 5580. SL 5595

 

[linkon7]

A better way is to reverse the legs, like shorting 5500 call and 5600 put, this way you can convert the neutral bias to a directional bias by adding a 3rd leg of either 5600 call or 5500 put when either end is about to give way. Till the time, either leg is not threatened dont add the third leg.

shorted 5500 call and 5700 put of august series for a total of 388 points.

action :
buy 5500 put july if 5530 breaks on closing basis.
buy 5700 call july if 5670 breaks on closing basis.

holding time : 2 weeks.
expected return 50-60 points

 

[ranger123]

shorted 5500 call and 5700 put of august series for a total of 388 points.

action :
buy 5500 put july if 5530 breaks on closing basis.
buy 5700 call july if 5670 breaks on closing basis.

holding time : 2 weeks.
expected return 50-60 points

Sir so you think the range for two weks is 5500 to 5700 than I can also do pair selling intraday also. Thank you for your idea about the ragne.

Thank you.

 

[linkon7]

Sir so you think the range for two weks is 5500 to 5700 than I can also do pair selling intraday also. Thank you for your idea about the ragne.

Thank you.

range is meant to be broken. So its like as long as range is intact, i stay delta neutral. when range is broken, i shift delta....!

We never know when market will break the range, so this trade needs the benefit of time. Instead of trading it intraday for 5-6 points for next 10 trading session, hold it with definite action plan for a target of 50-60 points.

my target is to squeeze in 2 weekends....!

 

[PGDIMES]

Sir so you think the range for two weks is 5500 to 5700 than I can also do pair selling intraday also. Thank you for your idea about the ragne.

Thank you.

Ranger,

I hope you have a back-up plan in case nifty moves abruptly in one direction and Linkon goes to hibernate...

 

[linkon7]

shorted 5500 call and 5700 put of august series for a total of 388 points.

action :
buy 5500 put july if 5530 breaks on closing basis.
buy 5700 call july if 5670 breaks on closing basis.

holding time : 2 weeks.
expected return 50-60 points

hosting images

 

[PGDIMES]

Though today is a day for writing options, it seems... Both 5600 CE-PE are being written at will... But 1 caveat... VIX hasn't come down so far...

 

[timepass]

Sir, what exactly is MDI ?

 

[linkon7]

Sir, what exactly is MDI ?

MDI =
- minus directional movement indicator (-DI)
PDI =
+ plus directional movement indicator (+DI)

both together are used to generate the
ADX =
average directional movement index

 

[linkon7]

adult image hosting

5594 is SL for shorts...!