Swing Delivery Trading

[rajputz]

Closed this series at all profit...Updating the excel sheet here....

http://www.editgrid.com/user/rajputz/Trade_History

Cairn closed at 251.50, Infosys at 3241, Hindunilvr at 287

 

[rajputz]

Sold TCS put Strike of 1150 at 27 Quantity 250

Sold TATASTEEL put Strike of 620 at 20.25 Quantity 500

Sold Infosys Put strike of 3200 at 73 Quantity 125

Sold HINDUNILVR Put strike of 280 at 6.50 Quantity 1000


Updated excel sheet: -

http://www.editgrid.com/user/rajputz/Trade_History

 

[AW10]

selling naked puts (high risk bullish trade) after market has already gone up for 5 days.
All these stocks are in OB zone.. and sensible price action is the way down from here (bearish direction).

I would rather sell calls in OB zone, and sell puts in OS zone.
Expressing my views as it contradicts your positions. Will be interested in knowing what you are seeing which I might have missed. As a option seller, I am selling hopes to people who are expecting further rise after mkt has already risen.

Hope you have proven system to take these trades.

happy trading.

 

[rajputz]

selling naked puts (high risk bullish trade) after market has already gone up for 5 days.
All these stocks are in OB zone.. and sensible price action is the way down from here (bearish direction).

I would rather sell calls in OB zone, and sell puts in OS zone.
Expressing my views as it contradicts your positions. Will be interested in knowing what you are seeing which I might have missed. As a option seller, I am selling hopes to people who are expecting further rise after mkt has already risen.

Hope you have proven system to take these trades.

happy trading.

Hi AW sir,

Trades are on my system. If they prove wrong or give exit, i will exit the trades. From where i see it, these stocks have just started to move. Although HINDUNILVR can be little discomforting. But others are still good.

Still want to hear from you. I still remember the words from you some where that market can remain in OS and OB zone for months and for years.

Regards

 

[rajputz]

Bajaj-hind, HeroHonda, Sintex generated a buy today...can show some good move now...

 

[rajputz]

Covered Options today at : -

Tatasteel put at 10.50

Infosys put at 44.80

Hindunilvr at 8.50

tcs at 10.20

http://www.editgrid.com/user/rajputz/Trade_History

 

[AW10]

Congrats for 4 winners Rajputz. Mkt did not go up, but went sideway and options have lost the premium.

Happy Trading

 

[rajputz]

Congrats for 4 winners Rajputz. Mkt did not go up, but went sideway and options have lost the premium.

Happy Trading

Thanks aw sir,

That is the reason that i went for option selling. Most of the time my time is wasted in sideways market. This time i thought about working on direction and sideways market. Although i didnt got any exit on my system, but then also with the upward movement, premium was not shedding much. So thought of booking profit.

 

[AW10]

I am still not convinced with your risk mgmt on this. This time mkt moved from uptrend to sideway.. If it had given V reversal then your 4 positions might have rocked you hard.
So plz don't ignore risk mgmt on naked put type of high risk trades. IMO, naked short put is more dangerous than naked short call cause market falls much faster than they rise.

All the best and happy trading.

 

[rajputz]

I am still not convinced with your risk mgmt on this. This time mkt moved from uptrend to sideway.. If it had given V reversal then your 4 positions might have rocked you hard.
So plz don't ignore risk mgmt on naked put type of high risk trades. IMO, naked short put is more dangerous than naked short call cause market falls much faster than they rise.

All the best and happy trading.

Simple Entry, Exit is what i work on AW sir. I have been refining my system for last 8 months and it is showing me good results. I don't give stop-loss, but an exit when system tells me. That indeed is helping. Market was showing me uptrend or sideways trend, so i sold put. If it has shown me down trend, i would be seller of call. Please keep an eye and let me experiment some more with it.

Regards