Options during Elections

praveen taneja

Well-Known Member
#11
in this case risk is unlimited. i am looking for limited risk and limited/unlimited profits

long straddle is a good strategy, but right now the premiums are high on both sides.
more risk more reward is the strategy in every business and trade:)
when no one is sure of trend only and only straddle buying of ATM is the right choice:thumb:
Ye hi hai right choice babyyyyyyyyyyyyy:clap:
 
#12
o.k..
lets talk election boom/blast!!!

guys...what u think???

what will be nifty closing on friday , 15th may 2009....?????

my guess is around 3310...

wats ur guess???:cheers:
 

MurAtt

Well-Known Member
#14
o.k..
lets talk election boom/blast!!!

guys...what u think???

what will be nifty closing on friday , 15th may 2009....?????

my guess is around 3310...

wats ur guess???:cheers:
3310!!!! If it had to be 3310 then today would not have been an up day my dear.

3800 would be more like it. Then wait for results and on Monday let us hope it is not like last time - 10% down circuit on 17th May 2004 (after election-result)
 

praveen taneja

Well-Known Member
#15
3310!!!! If it had to be 3310 then today would not have been an up day my dear.

3800 would be more like it. Then wait for results and on Monday let us hope it is not like last time - 10% down circuit on 17th May 2004 (after election-result)
What does money like? Money likes speed. That's the secret few know about money. Money comes to those who act fast. If you think, wonder, question, doubt, plan, meet, discuss, or in any other way drag your feet, money goes to the next person in line. Praveen Taneja:thumb:
 

MurAtt

Well-Known Member
#16
And since we are next in line - we never even get to see it.

So should we be :D bcoz PT bhai got it all or we be :( coz we never get to see it!!!
 
#17
And since we are next in line - we never even get to see it.

So should we be :D bcoz PT bhai got it all or we be :( coz we never get to see it!!!
This is DELICIOUS...PT bhai and Murtaza...:clap:
PT bhai has a wonderfull point...

i think i have experienced it well...

To an example, i bhought 30-Apr-2009-3600-CE for 18.80 number 500.

2 days after it went upto 64 ...but i dindnt sell it..thought it could reach 100..

the climax seems interesting as i lost all the contracts on expiry day for FREE!!!!:mad:


GREATEST mistake i have committed ever in my trading ...

so i learned 2 lessons:

1)Always keep a stoploss of 25%
2)Dont be greedy...book ur profit at 40%..
 

praveen taneja

Well-Known Member
#18
This is DELICIOUS...PT bhai and Murtaza...:clap:
PT bhai has a wonderfull point...

i think i have experienced it well...

To an example, i bhought 30-Apr-2009-3600-CE for 18.80 number 500.

2 days after it went upto 64 ...but i dindnt sell it..thought it could reach 100..

the climax seems interesting as i lost all the contracts on expiry day for FREE!!!!:mad:


GREATEST mistake i have committed ever in my trading ...

so i learned 2 lessons:

1)Always keep a stoploss of 25%
2)Dont be greedy...book ur profit at 40%..
another mistake either make it 50% or trend decider or leave options:p
 

praveen taneja

Well-Known Member
#19
And since we are next in line - we never even get to see it.

So should we be :D bcoz PT bhai got it all or we be :( coz we never get to see it!!!
Bro told u have faith in god concentrate on trade:thumb:
do not enter a trade till u get clear trend less trade less brokerage much profit:)
If i was at ur place instead of entering nifty at 3665 i must had entered 3615 to take at least 3650 next resistence before 3685