The Nifty Trading Lounge

[niftydatamagic]

I bought Sbi calls, can go to 2620

I too was of the same opinion and bought some calls on 25th but had to stopped out and faced heavy loss

 

[Taurus1]

The next low is on Aug 1st, +/-1

 

[saivenkat]

@Tauraus.. what would be low value of nifty.. that you predict on the date you
predict?

 

[Taurus1]

I too was of the same opinion and bought some calls on 25th but had to stopped out and faced heavy loss

It happens to all of us sometime....

@Tauraus.. what would be low value of nifty.. that you predict on the date you
predict?

You are watching too much TV instead of reading......

It was posted on 25th July.

The nifty has taken it's own sweet time to top, from here till settlement it will be sideways to -100 down.

The actual low was -128 pts down from the top.

I never do the calculation for small moves, as it takes up 30-40 mins of time that I don't have.

Unless I have a monster trade, there is no use in putting money down. I keep out and wait for the >200pt moves. since these give 150% - 200% returns.

 

[Taurus1]

Global buulllssss are in their last phase

SPX -2%
Dax -1.9%
Ftse - 0.64%
Sgx Nifty -100

The next low is on Aug 1st, +/-1

Market doesn't want to reverse so gapdown.... .

I'm holding October GLD calls in the US, hedged.... my usual set and forget trade,..... total risk is only 18$, expected return 1000$ .....

GLD gapdown, 7 of 18$ gone....

 

[Taurus1]

The saga, so far.......

In May, I bought 25k of puts, didn't expect a majority govt. Lost 80%.
In June, I took 25k to a 260% profit, but ended the month with 90%. Net result after 2 months is 10%. :annoyed:

About 160% profit for July, nowhere near what I aimed for.

Sgx Nifty -100

Started Aug with 25k of puts yesterday.... already 70% up and holding the position. Late entry, else it would have been >100% by now.

Target of 700% this month if volat holds good.

 

[TraderRavi]

The saga, so far.......

Started Aug with 25k of puts yesterday.... already 70% up and holding the position. Late entry, else it would have been >100% by now. [

which strike price ?

 

[umesh12]

which strike price ?

Any. If bought at 12.15 and sold at 3, puts appreciated by 80-110%
7400 and 7500 puts appreciated by over 100%

I too get about 60-65% appreciation, as bot bit late.

 

[Taurus1]

 

[Taurus1]

Started Aug with 25k of puts yesterday.... already 70% up and holding the position. Late entry, else it would have been >100% by now.

Got out at the gapup open yesterday with small profit :annoyed:

which strike price ?

In the past, I have noticed that many people try to read more from my posts than what is posted. If I say that I am holding 7000 puts, there will be people who think it will go to 7000, so I never post the strike.

I mostly buy OTM options before acceleration zones with a certain size of price move in mind.

Without an acceleration zone, OTM options will get killed, so be very careful when buying.

At the start of every month, I make a time map of a few stocks acceleration zones. 2 days before the date, I will look at the chart and decide if it is worth putting money on.