Nifty : Real time discussions...!

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ranger123

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linkon7 said:
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....!
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Sir I like to profit 5- 6 rupes every day so my risk is not theres for next day gap openings rall or raise. I not can do sell pari for 2 weeks, I can do only of intraday or keep it for next day for maximam.

Thank you.
 
linkon7

linkon7

Well-Known Member
#1,312
#1,312
ranger123 said:
Sir I like to profit 5- 6 rupes every day so my risk is not theres for next day gap openings rall or raise. I not can do sell pari for 2 weeks, I can do only of intraday or keep it for next day for maximam.

Thank you.
Click to expand...
why are u so scared of gaps. Gaps means a disbalance and thats when trading opportunity is at its maximum.

say u carried a short 5500-5600 strangle.

and we gap down to 5500... wait for first 15 min, low of the first 15 min is ur exit from 5500 put with re-entry at high of 15 min high.

scenario 1 : Low holds, high of 15 min bar breaks, exit the 5600 call short and ride the 5500 put short. Here intention is to gain as much as possible as market is going to look for balance.

scenario 2 : low breaks, exit the 5500 put short and ride the 5600 call short till u recover your cost. No intention of gaining here, just recovery.


Every strategy needs an exit plan. You just can write options with a hit or miss attitude. Intraday, we have to play each day as a different scenario. Use the horses for courses attitude...
 
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