Playing since 2005 lost 13+3 lakhs

[chataara]

Re: Playing since 2005 lost 13+3 lacks

options can be sold any day u want..can be bought and sold within one minute also..
so do not worry.. about that..
value of option never goes below zero..
and please never wait till option to be closed by exchange and for huge brokerage please..square it off in market hour:clapping::clapping::clapping:

Dear friend

Thank you very much for your valuable answers.

 

[alroyraj]

Re: Playing since 2005 lost 13+3 lacks

Dear friend

Thank you very much for your valuable answers.

After 15th the options premium decays significantly every day till expiry.

 

[superman]

Re: Playing since 2005 lost 13+3 lacks

07-01-2010-Gambling LOSS 76K . so number now -1449-76K=-1525k
regards
Note :
1) Just accounted the profit of 76k got on the start of this week as loss today for clarity . Infact the acutal loss should be more .let me calulate and add on next week as the following positions are still open

a) 258 lots of 6200 CE .
b) 67 lots 6100 CE
c) 2 lots jan futures.

How much money you have in your trading account since your margin requirement is huge ..
wow cant believe this almost 300+ lots of options ..

Just have a look whether you have margin if market takes another hit Monday otherwise your broker will square off ..

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

How much money you have in your trading account since your margin requirement is huge ..
wow cant believe this almost 300+ lots of options ..

Just have a look whether you have margin if market takes another hit Monday otherwise your broker will square off ..

Sorry - I dont understand. why my broker square off my options if it took hit on monday or for that case on any day ? worst case i will lose the premium amount i paid for these option .

 

[euginsa]

Re: Playing since 2005 lost 13+3 lacks

Sorry to see the lot size and the market...
Let us hope monday we will get a good move ....

I have send a mail , did you recive it?

Warm regards

 

[superman]

Re: Playing since 2005 lost 13+3 lacks

Sorry - I dont understand. why my broker square off my options if it took hit on monday or for that case on any day ? worst case i will lose the premium amount i paid for these option .

Oh my mistake you have just 2 lots of futures.
I just saw that options lots figure and got confused it with futures..

The lot figure was huge so got confused for a moment

 

[PGDIMES]

Re: Playing since 2005 lost 13+3 lacks

How much money you have in your trading account since your margin requirement is huge ..
wow cant believe this almost 300+ lots of options ..

Just have a look whether you have margin if market takes another hit Monday otherwise your broker will square off ..

Dear Superman,

Don't know about any broker who gives margin even in long positions in options... If you know any name plz advice...

 

[tnsn2345]

Re: Playing since 2005 lost 13+3 lacks

Dear Friends,

Yesterday was the day for Options !!! I mean NAKED Options, as most of the individual / retail traders trade in naked Options.

Though Options, in the first place were not meant to be traded naked (their primary purpose was hedging a portfolio), they have caught fancy of traders for spectacular "returns" they can bring.

I do not know how many of you know but most in most case the Option writers make money (and there aren't many individuals / retail traders in this category) simply because of lesser leverage due to margin requirement.

Still if you want to buy naked Options (Put / Call) then remember that there are NOT ALL the days in a month you will get an opportunity, if you really want to make a big killing, maybe 3 or 4 days at best in a month. And same thing applies even of Intraday traders, may be 3 or 4 times max in a day. Sometimes even lesser.

Now what is this opportunity to trade long - naked Options (Put / Call), it is the SPEED and DISTANCE of movement of the underlying, for BOTH to happen it takes time and may happen only for the above mentioned times in a month / day.

So for rest of the time, either write Options (naked) or trade Options strategies where time decay helps or use Options for hedging or even better, stay away from Options.

Regards,

 

[DanPickUp]

Re: Playing since 2005 lost 13+3 lacks

Dear Friends,

Yesterday was the day for Options !!! I mean NAKED Options, as most of the individual / retail traders trade in naked Options.

Though Options, in the first place were not meant to be traded naked (their primary purpose was hedging a portfolio), they have caught fancy of traders for spectacular "returns" they can bring.

I do not know how many of you know but most in most case the Option writers make money (and there aren't many individuals / retail traders in this category) simply because of lesser leverage due to margin requirement.

Still if you want to buy naked Options (Put / Call) then remember that there are NOT ALL the days in a month you will get an opportunity, if you really want to make a big killing, maybe 3 or 4 days at best in a month. And same thing applies even of Intraday traders, may be 3 or 4 times max in a day. Sometimes even lesser.

Now what is this opportunity to trade long - naked Options (Put / Call), it is the SPEED and DISTANCE of movement of the underlying, for BOTH to happen it takes time and may happen only for the above mentioned times in a month / day.

So for rest of the time, either write Options (naked) or trade Options strategies where time decay helps or use Options for hedging or even better, stay away from Options.

Regards,

Hi buddy

Here my stupid questions to any of your points :

1 . If I trade naked options in nifty: Where do I have to place stop loss orders and what about position sizing if market goes my way ?

2 . If I do not trade options to protect any of my portfolios, what else could be interesting for me to trade options ?

3 . You speak about option writers. How do I implement any option writing strategy in the market under what conditions and how they are named ?

4 . What do I have to look after, when I love to buy* options first of any strategy I like to implement in the market ?

5 . There is no killing on a regular basis. If so, how much would this be in return in one trade on what you experienced ?

6 . If market speeds in your direction in five days and you have an option on the right side with a live for 60 days, what do I have to do with this situation ?

As you give so many advises about options, you may can clear all of this.

Thank you in advance

DanPickUp

 

[aniket_tyagi]

Re: Playing since 2005 lost 13+3 lacks

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