Bro in the mkt see wat is trend n trade accordingly as it is now clear that oct will b in range as all saying between 3800-4200 .I m doing just buy at sppt the res n at res the sppt price call n put n when that sppt or resistence broken think that a stop loss n book loss it is working with me till now.read regularly sunils level n satyajit da,s line baba where are standing.But always remember till march always try to exit on all bounce back n take put n vice versa .thats my view u n others can put theres ,but for god sake dont write selling call n put bcoz that is teasing for the all new bies n persons who dont hav much cash better give ur view on our trade.I m now on two calls of 4500 tgt 35 tomm on gap up if n if any.tomm strategy is mine buying RIL 2100 call n 1800 put at 40 so wherever RIL move 100Rs it will give me profit + one call or put for free
else is gods wish
else is gods wish
Straddle is buying a PE and CE of same strike price and strike price is to be nearest to nifty.
If it opens gap up , then good i will also make profit if gap down then also i will make profit.
I am just reading views sirji , took straddle for first time as bailout mess was very uncertain and couldnt risk my hard earned profit.