Trading for Living -- Successfully Completed one year as Full Time Trader

[govindheg]

taken another strategy today: (BNF was trading around 26450+)

-3 lots 26600 ce @21.9
+1 lot 26500 [email protected]
+1 lot 26500 pe@81
-3 lots 26400 [email protected]


Booked with below prices:
-3 lots 26600 ce @28.95
+1 lot 26500 [email protected]
+1 lot 26500 [email protected]
-3 lots 26400 [email protected]

Profit: Rs 2366/-

another holding put butterfly strategy, I will let it to exipre, all became OTM now (Initial credit is my profit, which is rs 552/-).

Hi, good one. What was the margin requirement?

 

[sreperu]

Hi, good one. What was the margin requirement?

This position was MIS, so 6k/lot in Astha. but brokerage is more, buyside rs 10/- sell side -30/- per lot

 

[Nilesh Khumkar]

Good Morning All.
Be ready to welcome 10800 levels.
Also don't forget to book your profit there.

Happy Trading_Earning !

 

[VJAY]

Paper trade BNF @ 26490

 

[sreperu]

Taken the below strategy: (BNF fut: 26723)

26700 pe 1@ 120.5
26600 pe -2 80.9
26400 pe 1 @33.5

Breakeven: 26493

Max Profit: 4312
Max Loss: 3688

 

[sangram1705]

This position was MIS, so 6k/lot in Astha. but brokerage is more, buyside rs 10/- sell side -30/- per lot

For NML positions what is the margin in astha

 

[sreperu]

For NML positions what is the margin in astha

That will be same across all brokers, it is around 80k+/lot for BNF

 

[sreperu]

Taken a put calender spread:

12th Jul Sell 1 lot 26700 put @49.5
19th Jul Buy 1 lot 26700 put @140.1

Max: profit: 4487@26700

Range: 26418 - 26988

 

[pannet1]

hello guys,

have you realised that you have all hijacked amruthum's thread ..... he did not object so far ... but i believe. ... you dont write on another person's diary.

just my 5paise

ps: still the paper trades from @VJAY are impressive.

 

[nikhil_chinapa2]

Hi Everyone,

I am following this forum for last 4 years and this is my first post.

I was a software engineer by profession and worked in the filed for 12 years. Finally I quit my job in Jan 2017 and started full time trading.

I am into trading for last 9 years, mostly options trading.
In the beginning of my trading career I used to buy options mostly. Some times I win and some times i lose.

After accumulating enough capital from my job earnings, I quit my job last year and started trading.

Since Jan 2017,, I am able to generate consistent income by writing options. In the last FY 2017-2018, I am able to generate profit more than my last annual salary.

Its mostly Nifty current month options and BN weekly options and occasionally stock options.

To be continued..

Good to know u as a person. Me too on similar lines worked with IT for 11 yrs almost. Now have quit job for trading, Its been 4 months now still running in losses unlike you.

Looking to learn options writing confidently, cause i tried twice but ended in loss merely because of human psychology. working on it.

Thanks for ur posts, its such a moral boost.

Regards
Nikhil