Trading Strategies Using Technical Analysis

[gangadharan]

Friends,

I am going to enter a new area of option writing. The Strategy I am going to check initialy is to write both putt and call option... 5400 put option and 6000 call option.

I will do it on retracements.

Take Care.
Gangadharan.

Hi,

Hi Sold Call at 76 and Put at 35.... total premium received 111.. Let us see what happens. It is on single lot as trial basis.

Gangadharan

 

[sadiq]

Hi,

Hi Sold Call at 76 and Put at 35.... total premium received 111.. Let us see what happens. It is on single lot as trial basis.

Gangadharan

market is too volatile . why to write options now ? i am not even having base knowledge in options...

 

[vishalalluri]

Nifty support at 5760

 

[gangadharan]

market is too volatile . why to write options now ? i am not even having base knowledge in options...

Sir,

If you want to trade in options, the wonderful way is to write options in a safe way because there you will get a support from time decay... yes you can buy options in second and third week of the months....... if you have a 99.9 % clue about the market movements..

And this is the option writers earn more than 90% trades. Hence I am doing it on trial basis and the maximum profit in this is 111 points I received as both of the put and call options will expire 0.00 value if the market is somewhere above 5500 and below 6000 on expiry. You will get N number of chances to come out from this trade with a profit of 20% if you feel like.
Ask your broker regarding writing the options they will discourage you and they will tell you to buy options.

Take Care.
Gangadharan

 

[praveen taneja]

Sir,

If you want to trade in options, the wonderful way is to write options in a safe way because there you will get a support from time decay... yes you can buy options in second and third week of the months....... if you have a 99.9 % clue about the market movements..

And this is the option writers earn more than 90% trades. Hence I am doing it on trial basis and the maximum profit in this is 111 points I received as both of the put and call options will expire 0.00 value if the market is somewhere above 5500 and below 6000 on expiry. You will get N number of chances to come out from this trade with a profit of 20% if you feel like.
Ask your broker regarding writing the options they will discourage you and they will tell you to buy options.

Take Care.
Gangadharan

But in last 10 days I think option writers suffering a lot

 

[gauharjk]

Hi,

Hi Sold Call at 76 and Put at 35.... total premium received 111.. Let us see what happens. It is on single lot as trial basis.

Gangadharan

People still buying CE 6000...

All the best to you in your new venture of option writing...

Cheers!

 

[gangadharan]

People still buying CE 6000...

All the best to you in your new venture of option writing...

Cheers!

Dear Gauharjk.

How can some one sell when there is no buyers... those who are buying is in the expectation of that NIFTY corrected about 500 points and it is time to recover....... Ok, now this sentiment of retail investors are required for the biggies to short...... The big part of revenue coming to all the leading brokers are from Big Investors..... you may call them FII. DII.. HNI.. or anything. But finely the losers are the retail investors who trade in a lesser time frame.

So even if we are low profile traders....... we have to learn thinking like biggies.

best of luck.
Gangadharan

 

[rrmhatre72]

Hi,

Hi Sold Call at 76 and Put at 35.... total premium received 111.. Let us see what happens. It is on single lot as trial basis.

Gangadharan

Selling option is good in rangebound market.
Now a days its too volitile hence try buying options in pair...
My today's trade
Buy 5700PE@80 & 5900CE@113 total= 193
Square 5700PE@130 5900CE@87 total= 207
net gain 14points

Buy 5700PE@119 & 5800CE@125 total= 244
Square 5700PE@119 5900CE@139 total= 258
net gain 14points

Assuming one lot investment ~11k & gain Rs 1400 (14+14points) So net of 12.7% ROI.

 

[nac]

Selling option is good in rangebound market.
Now a days its too volitile hence try buying options in pair...
My today's trade
Buy 5700PE@80 & 5900CE@113 total= 193
Square 5700PE@130 5900CE@87 total= 207
net gain 14points

Buy 5700PE@119 & 5800CE@125 total= 244
Square 5700PE@119 5900CE@139 total= 258
net gain 14points

Assuming one lot investment ~11k & gain Rs 1400 (14+14points) So net of 12.7% ROI.

I was thinking about doing this kinda trade (initiating long straddle/strangle) on expiry day as market would be volatile on expiry day. This thought raised after last month (oct) expiry. And planned to do this time... Yesterday I was watching very closely, finally I couldn't initiate anything and end up watching all the time.

Nice you are doing it... :thumb:

 

[gangadharan]

Selling option is good in rangebound market.
Now a days its too volitile hence try buying options in pair...
My today's trade
Buy 5700PE@80 & 5900CE@113 total= 193
Square 5700PE@130 5900CE@87 total= 207
net gain 14points

Buy 5700PE@119 & 5800CE@125 total= 244
Square 5700PE@119 5900CE@139 total= 258
net gain 14points

Assuming one lot investment ~11k & gain Rs 1400 (14+14points) So net of 12.7% ROI.

Dear sir,

I think market is going to be range bound in between 5500 and 5900 till the expiry of December.

With regards,
Gangadharan