The Nifty Trading Lounge

[Taurus1]

The week has one more day left.
Nothing is ever 100% sure, all probabilities.

 

[whisky]

The week has one more day left.
Nothing is ever 100% sure, all probabilities.

Taurus Bro, I understand nothing 100% sure, that's why asking your analysis comments on the miss.

 

[Taurus1]

Taurus Bro, I understand nothing 100% sure, that's why asking your analysis comments on the miss.

I wish I knew........ normally this never happens.
Worst case is delayed or early by a few days.

Anyways, I have bought puts in advance of Helicopter Ben and the Fed.

Anyone buying options now must remember that after the news the entire put/call amount can go to zero if the position is on the wrong side.

Risk is much higher and so is the reward.

 

[jamit_05]

I wish I knew........ normally this never happens.
Worst case is delayed or early by a few days.

Anyways, I have bought puts in advance of Helicopter Ben and the Fed.

Anyone buying options now must remember that after the news the entire put/call amount can go to zero if the position is on the wrong side.

Risk is much higher and so is the reward.

Is there any news on the horizon? FED news?

 

[Taurus1]

Is there any news on the horizon? FED news?

Something is scheduled, I don't have the calendar.

 

[jamit_05]

I too am short and have a couple of hundred points of gains... I hope 5800 breaks strong and good!

 

[Taurus1]

Correction
There is no Fed meet/policy
It is a meeting "House Republicans explore strategy to avoid federal government shutdown"
http://www.washingtonpost.com/busin...c9d576-2618-11e3-b75d-5b7f66349852_story.html

U.S. government workers brace for possible shutdown
http://www.reuters.com/article/2013/09/26/us-usa-fiscal-unions-idUSBRE98P19J20130926

Federal workers brace for possible government shutdown next week
http://www.roonte.com/www/federal-workers-brace-for-possible-government-shutdown-next-week

 

[whisky]

I wish I knew........ normally this never happens.
Worst case is delayed or early by a few days.

Anyways, I have bought puts in advance of Helicopter Ben and the Fed.

Anyone buying options now must remember that after the news the entire put/call amount can go to zero if the position is on the wrong side.

Risk is much higher and so is the reward.

Bought puts of which strike price? & what targets you are expecting on Nifty?

 

[Taurus1]

Any strike will do. All depends on on how deep your pocket is, and how good/bad the news is.

 

[whisky]

Anyways, I have bought puts in advance of Helicopter Ben and the Fed.

I am asking about the puts you have bought? & the levels of Nifty as per your analysis.