Priyanvada's chit chat home ...

[priyanvada]

multiple complicated traderiasismonia

Thank god samosa it is not swine flue

regards,
Kachori

 

[rajeshn2007]

Still occupied with Hindalco options ...

Please note the image below ...

Please note the "Last Row"...

such a vast difference betn bid price and offer price ... So the questions arising in my mind are ...

1. Who is asking irrational in above case?
2. How to calculate quickly the right price of any option? ... take above last row as typical case...There is an option calculator in the trade tiger but where do I get values for annual interest, volatility and dividend yield?
3. I have a habit while selling off a stock while day trading with just ticking at "market price" in my sell order ... So if I let this happen in options,,, I am gone!!! ... Is it true? Or Will my option be sold only at rational option price?

Someone please help me if having little time ...

regards,
priyanvada

Probably you have missed my previous message. Option writers/sellers make money most of the time.
Options buyers are just buying lottery tickets - This is the view of America's no.1 fund manager Peter Lynch.

Dont sell " market price" in sell order. You might sell at 1Re also.

 

[priyanvada]

Probably you have missed my previous message.

No wayyyyyy Rajesh Sir ... I haven't ... Only one kind soul in the whole world had replied me and how can I miss the same

Option writers/sellers make money most of the time.

+1

Options buyers are just buying lottery tickets

+1

... but still ... but still....

 

[priyanvada]

.......Look one of my "deserving" friend needs @ 1 Lakh amount for starting a business ... & peoples around him are sadly not helpful and resourseful with him.... so my target for the time being now is make 2 lakhs by trading ASAP and give 1 Lakh to my friend and let him do whatever he wants....

...So options are going to solve my problem in quick time If go correct overall...

If Hindalco Opens above 101.5 tomorrow ... I AM GOING TO BUY 125 option and wait whole day to see what heppens with it ...

In case It hits say 108 (my fav no. ) tomorrow and I wanna square it off at that moment ,,, then the problem I am going to face is deciding at what price I should offer it in my sell order???

regards,
priyanvada

 

[rajeshn2007]

If hindalco hits 108, the 125 ca option would priced at 1.6 based on volatility, int rate, time .

 

[priyanvada]

Wow .. thanks ... that much is sufficient for my first option trade ...

Only problem is that at what price will the stock will open and at what price the option will I get for buying??? ... 2000Rs. is my budget available tomorrow ... remaining is fixed in delivery of GAIL and Guj ambuja cement(my stupidity) ...

...So I pray it opens within my budget tomorrow ... and and then shoots up!

...... So much good dreaming... God knows what is written on the wall...

regards,
priyanvada

 

[priyanvada]

From Last four five days my mind is shouting from inside only one order ...

Improve your Chart Experience!

...and I am somehow foolishly ignoring but now It is becoming unbearable ....


So I urge you friends .... This seems the only best thing for a beginner daytrader like me to just simulate what has happened in the past tick by tick and make decisions ... and since all chart figures will be REAL, I won't get tired to do this exercise .... So I am simply dreaming to do this exercise day and night ....

... Right now the resourse I am having is my trade tiger application which gives me intraday charts for last "5 days" only ... so it is just giving a drop of water to quench me .......

....... So please please please help me in this regard ... Tell me is there any website which will simulate me with price and volume charts for a given stock atleast for one year ...... Is there any application in which I can do the same ... only condition is I want REAL market intraday values loaded from historic records ...... I only need price n volume continuously flowing in front of my eyes with intraday time on X axis ....

HUGE INTRADAY CHART EXPERIENCE seems tobe only missing link for me right now... If someone helps me in this regard, I will be thankful for LIFE TIME to that person ... Really!

Thanks n regards,
priyanvada

 

[priyanvada]

Thank God .... I have successfully bought Hindalco 125 CA Aug 09 at Rs. 1407...1 LOT ........

Just pure luck

Now I pray it rockets into the sky .... target 125!

Go Hindalco Go!

regards,
priyanvada

 

[TFL]

---Deleted---

 

[priyanvada]

What happened TFL? ... are you angry or what?