Today’s NIFTY move :-
Closed with Supertrend Sell Indicator.
I took position when Nifty50 was showing Sell Sign
**What’s about others.? **
**How much P/L this week ? **
Share ideas…
Today’s NIFTY move :-
**What’s about others.? **
**How much P/L this week ? **
Share ideas…
Going home with any options?
Yes bro taking home 1 truck of puts …
You mean Stock bubble Chart of NIFTY50 ???
lost arnd 30 points in iron condor
went up 300pts from my level , so i did adjust one leg …
was watching every move closely … to adjust STT , price of the expiring options falls immediately after 3.29 ( 25800 call 130 to 110 and 26000 put 60 to 45 ) …
All booked positions combined is in profit… Its the carry forward positions that are giving the negative hue… By the by, any reason for long strangle at this level of IV ?
I am keeping my eye on IV it’s decreasing but at very slow rate
Hey bro… I don’t know much about options. Why do you take trades like this?
25600 PE and 25800 CE? Is it to balance the risk?
bought calls and puts as usual …
you are one adrenaline junky …
what time you usually buy ? these days premiums are little high
if IV is 0 in option chain for some of the strike price, how can we calculate the B&S calcualtion?
What happened to this finally? Has it closed in slight profit??
Yes bro …
probability of losing is very less
actually sold 25800 call and put … bought 26000 call and 25600 as hedge …
in theoritical terms , worst possible loss is 50 points , but because of STT , option premium will lose 25/30 points … net loss will be close to 20 points
ps:-
instead of gaining 30 points , i actually lost 20 points today though ( when mkt went up i covered 25800 short and shorted 26000 put )
if i had just left it i might have got 30/35 points
nifty actually went up by 300 points from my level , so i adjusted put side for extar 25 points…
i expected 25800 call and 26000 put to trade arnd 150/155 after 3.15 , but it was trading at 180 and i covered arnd 175…
today i noticed that 25900 CE and 26000 put was trading at 85 till 3.25 … but after 3.28 ( in the last minute ) , combined premium dropped to 50rs …
looks like automated traders are waiitng till the last minute , so that retail cant take advantage of it
Ohh… this is the downside of early adjustments at times… I have also encountered such situations especially in Nifty this week…
Yea… I have noticed this sudden drop of premium too, that’s why I don’t use MIS orders in order to hold on and capture decay till last 2 minutes.