Nifty : Real time discussions...!

[casonite]

I need to work on two things, one, not to see the world market and hence have a bias when I come to trading and the other is to get into the trade as soon as I see the first five min candle. Screwed it today.

trader bhai, why to get into a trader after seeing the first 5 min candle and how? Looking for some learning and hence this question.
thanks!

 

[ranger123]

Now time 10:35

CE 5300 = 53.90
PE 5300 = 67.70


Now I has positon which I keep from yesterday as:

Sell 4 Lots of CE 5300 and sell 4 lots of PE 5300 for price 130.63 : NOW PRICE = 121.60

I cover buy order of CE 5300 for Rs. 53.90

I book profit for Rs. 9.03 for 4 lots

Now I has directon positon of Sell PE 5300 for Rs. 67.70. I place stop lose of Rs. 76. This stop lose amount is from the profit earn today of Rs. 9.03

Thank you

Now time : 11;15

PE 5300 = 65.70

I has directon positon of Sell PE 5300 for Rs. 67.70. NOW PRICE = 65.70 stop lose of Rs. 76

I book profit for Rs. 9.03 for 4 lots

Thank you.

 

[ravinder0509]

Hi Ranger,

Why would you change the strike price of option to 5200...any significance..please share.

Thanks
Ravinder

 

[ranger123]

Hi Ranger,
Good going :clapping:
but what are you doing is not pair trading this is called short straddles (selling both call/put of ATM/ITM.....
Pair trading is something different like....

Sell ICICI 1 lot
buy hdfc 1 lot

sell bank nifty 1 lot
buy nifty 1 lot

sell reliance 1 lot
buy ongc 1 lot

etc...etc...

Happy trading....

ABhi

Hello Abhi,

I use to call it "Jodi" but here in this thread other call it "Pair" so I also call it pair. I now that there is name for differant positon you mention before but I not rememmber the name. So I just do like what I think I know and so not mention the name.

Thank you.

 

[ranger123]

Hi Ranger,

Why would you change the strike price of option to 5200...any significance..please share.

Thanks
Ravinder

Yes I thinking of making a new pair of Sell CE 5300 and Sell PE 5200. I selecting PE 5200 beacuse the nifyt index can go down under 5250 also I think and so the price of PE 5300 will raise very fast. But I thing that there will be support for nifty index at 5210-20 for today and tomorrow so the price of PE 5200 will fall so I can earn profit, I thinking like this.

Thank you.

 

[ranger123]

Now time : 11;25

CE 5300 = 31.25
PE 5200 = 53.30

If some one want to creat a sell pair then you can create it by Sell 5300 and Sell PE 5200 for Rs. 84.55.

Target Price at today close of the pair = Rs. 77-78


I has dircton Sell PE 5300, 4 lots

Thank you.

 

[log1102]

Now time : 11;15

PE 5300 = 65.70

I has directon positon of Sell PE 5300 for Rs. 67.70. NOW PRICE = 65.70 stop lose of Rs. 76

I book profit for Rs. 9.03 for 4 lots

Thank you.

Hi Ranger,

Good going. Keep it up.

For the implied volatility, are you using VIX or are you getting the implied volatility from somewhere else?

Thanks

 

[ranger123]

Now time : 11;15

PE 5300 = 65.70

I has directon positon of Sell PE 5300 for Rs. 67.70. NOW PRICE = 65.70 stop lose of Rs. 76

I book profit for Rs. 9.03 for 4 lots

Thank you.

Now time : 11;35

PE 5300 = 68.85

I has directon positon of Sell PE 5300 for Rs. 67.70. NOW PRICE = 68.85 stop lose of Rs. 76

I book profit for Rs. 9.03 for 4 lots

Thank you.

 

[ranger123]

Hi Ranger,

Good going. Keep it up.

For the implied volatility, are you using VIX or are you getting the implied volatility from somewhere else?

Thanks

I get from Option oracal soft ware.

Thank you.

 

[praveen taneja]

5250 :d :d

:rofl::rofl::rofl::rofl: ya sorry sorry