Nifty : Real time discussions...!

[augubhai]

Absolute Pig day. Repeat of last Friday. No point really posting, but since I have been doing so for the past few days.....

Today's trades. Would have been worse, except because mistake that I made turned out to be in my favor.

1. Long @ 5507.5, Exit @ 5492.7 = (5492.7-5507.5-2) = -16.8 points
2. Short @ 5492.25, Exit @ 5487.25 = (5492.25-5487.25-2) = 3 points
3. Long @ 5487.25, Exit @ 5482.51 = (5482.51-5487.25-2) = -6.74 points
4. Short @ 5482.51, Exit @ 5488.4 = (5482.51-5488.4-2) = -7.89 points
5. Long @ 5496.31, Exit @ 5495.7 = (5495.7-5496.31.9-2) = -2.61 points
6. Long @ 5508.9, Exit @ 5494.63 = (5494.63-5508.9-2) = -16.27 points
7. Short @ 5489.8, Exit @ 5512.55 = (5489.8-5512.55-2) = -24.75 points
8. Short @ 5498.9, Exit @ 5488.31 = (5498.9-5488.31-2) = 8.59 points

Total -63.47 points

 

[nik.trader]

I am new to trading and today I noticed that till the last second even though nifty was at 5485-5486 the put 5500 was trading around 10.50. Why is that? Is there some extra charges for exercising an option or something..Why did the Put5500 not trade at around 15.00??

 

[Smart_trade]

I am new to trading and today I noticed that till the last second even though nifty was at 5485-5486 the put 5500 was trading around 10.50. Why is that? Is there some extra charges for exercising an option or something..Why did the Put5500 not trade at around 15.00??

Option expiring in the money and excercised STT @0.125% of the settlement value ( not on premium) is charged.....

Smart_trade

 

[trader.trends]

I am new to trading and today I noticed that till the last second even though nifty was at 5485-5486 the put 5500 was trading around 10.50. Why is that? Is there some extra charges for exercising an option or something..Why did the Put5500 not trade at around 15.00??

STT alone would be at around 361 per lot (5785*50*.00125)

 

[gambler]

Hope you traded in single lot only...

Absolute Pig day. Repeat of last Friday. No point really posting, but since I have been doing so for the past few days.....

Today's trades. Would have been worse, except because mistake that I made turned out to be in my favor.

1. Long @ 5507.5, Exit @ 5492.7 = (5492.7-5507.5-2) = -16.8 points
2. Short @ 5492.25, Exit @ 5487.25 = (5492.25-5487.25-2) = 3 points
3. Long @ 5487.25, Exit @ 5482.51 = (5482.51-5487.25-2) = -6.74 points
4. Short @ 5482.51, Exit @ 5488.4 = (5482.51-5488.4-2) = -7.89 points
5. Long @ 5496.31, Exit @ 5495.7 = (5495.7-5496.31.9-2) = -2.61 points
6. Long @ 5508.9, Exit @ 5494.63 = (5494.63-5508.9-2) = -16.27 points
7. Short @ 5489.8, Exit @ 5512.55 = (5489.8-5512.55-2) = -24.75 points
8. Short @ 5498.9, Exit @ 5488.31 = (5498.9-5488.31-2) = 8.59 points

Total -63.47 points

 

[augubhai]

Hope you traded in single lot only...

No. More than that.

 

[augubhai]

Will be posting in trades in my trading diary thread. Have put some thoughts around adds, SL, profit taking... so there may be many more posts. Diary is probably the place for it.

 

[PGDIMES]

tra la la... only green market of the Asia/Pacific... Let's see how long the greenery prevails... May have to change positions above 5535...

 

[augubhai]

Good that you did not change to long...

 

[linkon7]

upload gif

look for structure on a Higher tf..

5524-28 were established resistance...
5481 last support...


compare it to Today's range projection :

5522 is projected break out...
5486-5510 is projected trading range...
5475 is break down...

this is how the scenario played out :

price opened between 5461 and 5476 below projected break down point...
break of OBR low was a short.. didnt happen... give it room till 5486 for a short signal... didnt happen... 5486 above is buy tgt 5510-5522.. price just jumped to 5512 from 5587... didnt want to chase... wait for reaction near 5522 (cam) , break out above 5528 (on 30 min) ... with volume opens up a whole new range... failed... made high of 5531 and couldnt sustain... shorting opportunity with small sl if price entered 5522... confirmation from worm on 5r ... and woodies cci on 5 min...

entered short @ 5519... tgt 5488-5481... sl 5531...
got out at 5481... kamina went to 5464...