Trading with PT style

[chachi]

Nifty in Hangseng mood............

 

[MurAtt]

Sold the puts again at 149, covered at 134/-. So 15 rs still lesser in straddle cost.

So now covered - 15+5+10=30 rs minus 2+2+4=8 rs brokerage=22 rs from my cost of straddle.

So now cost of straddle = 278, cmp is 264 (still in loss bcoz of the shifting of the mood from bearish to bullish).
Once it crosses 4720 then again it will become in plus ...

 

[hiteshsjoshi]

Murtaza bhai,

Explain your straddle please....What put what call?

Straddle means buying a call and a put at the same strike price (4700 in SM bhai's case) and same expiration date.

What does straddle mean?

 

[chachi]

Next hurdle for Nifty spot is 4700 then 4720.......

 

[SavantGarde]

Next Hurdle Is 4753

SavantGarde

Next hurdle for Nifty spot is 4700 then 4720.......

 

[praveen taneja]

Bears vanished.....:clapping::clap:

I m thinking to buy 4700 put as profit booking must after this mega run and two days holiday and Dow close on monday lets wait for few mnts more

 

[chachi]

Tatasteel S/L hit.......Slight profit.......

Nifty 4700 CE trading with tight stoploss.....

Missed the big gains in TATSTEEL & BPCL due to tight stoploss (still I played safely). Nevethless good gains (uncashed) in 4700 CE @ 88..... Thinking to buy 4700 PE at the close...Just to hedge.....

 

[chachi]

Satyam firing.....

 

[SavantGarde]

PT,

If NF Closes Above 4708...Then Dont' BUY PUT Yet

SavantGarde

I m thinking to buy 4700 put as profit booking must after this mega run and two days holiday and Dow close on monday lets wait for few mnts more

 

[chachi]

Next Hurdle Is 4753

SavantGarde

Thanks for the support savantji........