Trading 40 Lakhs for good profits.......Simple strategy!

[mudraatrader]

Sexy bhai

Just a query, that I forgot to put earliar
At what time you squared off your trade of 17500C
May be in multiple orders, then you can give time range like from xx:xx to yy:yy

 

[SexyTrader]

Today....Short-sold 8400 CE June at 45/- now :thumb: Will keep averaging if price goes up

Easy profits soon!

 

[SexyTrader]

Today....Short-sold 8400 CE June at 45/- now :thumb: Will keep averaging if price goes up

Easy profits soon!

Eating away all the premium of 8400 CE June by holding this position till expiry :thumb: have written several lots so fat profits this time too!

 

[sadiq]

Eating away all the premium of 8400 CE June by holding this position till expiry :thumb: have written several lots so fat profits this time too!

Dont get surprised if expires above 8600..

 

[SexyTrader]

Dont get surprised if expires above 8600..

It may or may not.....

But I'm Eating away all the premium of 8400 CE June now, days less plus brexit should let me have it all....ofcourse for emergencies profit-locking-SL will be deployed written several lots so fat profits this time too!

 

[rip07]

all 100 lots of BankNifty 17500 CE got filled at 14? and all 100 lot got filled at 11?

no slippage,order jump if any?

@^k^
Although this question is for Sexytrader, but allow me to explain as per my experience. On expiry day, in an active strike price, 100 lots of bnf/nf really do not matter. Price fluctuate very little in the morning session so you can get your order fill at your limit price. On other days, around 9:15-9:20 also possible to fill 100lots of order. In trending market if you place SL instead of limit order, also possible to fill. So, there are many ways you can fill your order at same price. You just have to know how you can do it.

Thanks
rip07

 

[tradingstudent]

@^k^
Although this question is for Sexytrader, but allow me to explain as per my experience. On expiry day, in an active strike price, 100 lots of bnf/nf really do not matter. Price fluctuate very little in the morning session so you can get your order fill at your limit price. On other days, around 9:15-9:20 also possible to fill 100lots of order. In trending market if you place SL instead of limit order, also possible to fill. So, there are many ways you can fill your order at same price. You just have to know how you can do it.

Thanks
rip07

Thanks rip07 for the inputs. :thumb:

Could you kindly explain this bit if possible with an example.

"You just have to know how you can do it."

 

[rip07]

Thanks rip07 for the inputs. :thumb:

Could you kindly explain this bit if possible with an example.

"You just have to know how you can do it."

In my case, when i fill large quantity order usually on expiry day coz of low price of call/put, I disclose only 10% of my order. This feature I believe avail in every trading platform. So, lets say 100lots of bnf means 3000 quantity, and visible only 300 at price of 11-15 (assume), It is not a difficult to full fill this order. You can try on this thursday.

Thanks
rip07

 

[tradingstudent]

In my case, when i fill large quantity order usually on expiry day coz of low price of call/put, I disclose only 10% of my order. This feature I believe avail in every trading platform. So, lets say 100lots of bnf means 3000 quantity, and visible only 300 at price of 11-15 (assume), It is not a difficult to full fill this order. You can try on this thursday.

Thanks
rip07

Thanks a lot Rip07 for taking the effort and time to explain with an example.
Much appreciated.

 

[SexyTrader]

The whole BREXIT drama is simply an opportunity for smart money to make tons of profits !

Anyway the coming week needs basket selling across OTM Call Options....enormous profits waiting to be made all through next week!

I will be writing loads of OTM Call Options coming week

P.S. George Soros has started taking positions for Brexit, that shows drama ahead!