Nifty : Real time discussions...!

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anayash

Well-Known Member
There are days when you curse your decisions of selling PUTs early! Today is one of them!

I had bought a June 5300 PE at 62 in the first few days of series & was planning to hold it till the week before expiry!

But since there was a huge decay & market was not cracking big (until today) in spite of breaking supports...I sold it at 42 a couple of days back! & today it made a high of 150! :annoyed:

Such is trading life! :D
 
My previous post was only related to Zerodha's increase in margin requirement for intraday trades...

you know about these treaties... take years to finalise... don't know why mauritus govt. will agree to the terms given by bharat govt... as this is their principal source of earning money...

IMHO, this is the last leg of the fall... like March 2009... i would rather wait and watch instead of divesting my portfolio... :)
I agree with you. This seems like the last leg of the fall, and historically whenever NIFTY tends to do a V shape recover in a day, it moves in the direction of the recover; which in this case is up.
 

stock72

Well-Known Member
Seems the rumour engineered only to shell off guys holding buy postions(eithier by scaring or m2m) to take the market up ..
 

linkon7

Well-Known Member
Linkon,

Again my TF was different from the way you analysed it... I was talking about intraday trades of Ranger... the sudden spike in vola was a good opportunity to short, IMHO... as lightening doesn't strike twice... at least not intraday... :)

btw, rest of your analysis is very accurate... as always... wat i hv found so far is VIX around 25 and falling is the best time to short options(positional) :)
price moves when we have a desperation to act from the big players. One segment of the big players got big big a$$-whopping today. Other segment are not exactly sure what to do now... book profit or keep profit on the table.

Very interesting scenario....! will take a position on eod on the july series on the sell side of options... thinking of 5300 straddle short... but will act only after 3.00...!

whats ur plan of action...?
 

ranger123

Well-Known Member
Linkon,

Again my TF was different from the way you analysed it... I was talking about intraday trades of Ranger... the sudden spike in vola was a good opportunity to short, IMHO... as lightening doesn't strike twice... at least not intraday... :)

btw, rest of your analysis is very accurate... as always... wat i hv found so far is VIX around 25 and falling is the best time to short options(positional) :)
Yes, this is very right. When ever in the intraday we has a big fall or big raise imediately we can check the implaid volatility of option and we can take some good sell option position and once after few minites the volatity go down a littal bit than our positon is profit so we can has mind to keep such profit positon for long time till the close of the day.

So today after this great fall in the nifty index, my wating since morning was good and I then take the sell CE and PE position at the right time. I did not take it imdeately but after some time gone by so I can take view of the nifty index till the close time of today.

Thank you.
 

ranger123

Well-Known Member
Now price is

CE 5200 = 134.95
CE 5300 = 74.80
PE 5300 = 88.50

I has two pairs

1) Sell 4 Lots CE 5200 and sell 4 lots PE 5300 for Rs. 233.15 (Now price = 223.45) Stop lose = Rs. 244
2) Sell 4 lots CE 5300 and sell 4 lots PE 5300 for Rs. 164.7 (Now price = Rs. 163.3) stop lose = Rs. 173

Thank you.
Now price is (12:05 time)

CE 5200 = 135.00
CE 5300 = 75.35
PE 5300 = 84.95

I has two pairs

1) Sell 4 Lots CE 5200 and sell 4 lots PE 5300 for Rs. 233.15 (Now price = 219.95) Stop lose = Rs. 244
2) Sell 4 lots CE 5300 and sell 4 lots PE 5300 for Rs. 164.7 (Now price = Rs. 160.3) stop lose = Rs. 173

Thank you
 
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PGDIMES

Well-Known Member
price moves when we have a desperation to act from the big players. One segment of the big players got big big a$$-whopping today. Other segment are not exactly sure what to do now... book profit or keep profit on the table.

Very interesting scenario....! will take a position on eod on the july series on the sell side of options... thinking of 5300 straddle short... but will act only after 3.00...!

whats ur plan of action...?
Won't trade in the 2nd half and may be for the next couple of days( though I doubt this decision ;))... My elder sister's and one of my best friends' marriage coincided today... So would be very busy...

Sqd. off my short in NF July @ 5280 opened at 5432.50... was ruing my decision... in the hindsight, it was a prudent one... :lol: thinking of buying 5400 CE of next series (no. of lots will be equivalent to the normal s/l per trade)... will hold till expiry... let's c... :)
 
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