Weekly trading diary : 2nd Feb - 8th Feb 2018

Hoping for the best bro… :stuck_out_tongue_winking_eye:

I am just amazed how you can take one side calls and be sure about it :slight_smile:

@Lets_Invest @iSTFF is there any site which gives nifty or bank nifty predictive closing price ?
dont mind even if get 3.25pm data at 3.27pm …

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Bro I think today rise due to short cover only but over all sentiment is still bearish so expected market will correct further … Last hour selloff indicate it…market may slip below 10500 if today not expiry day… Bank nifty index managers keep hdfc stable for expiry…
:smile:

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I have one question about options pricing. Banknifty 26500 CE was at 76.7 which was at about 580 pts away from spot price of 25920 but 25200 PE which was about 720 pts away was trading at 95.1 does that means more demand for puts hence a strong bearish sentiment?

Yes bro…means call writing going heavily… Suggested bearish sentiment…

Frankly speaking I Don’t know any website which Pridict closing Price of NIFTY & BANKNIFTY.

Is this how global sell off looks like?

Index

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:yum: SGX Nifty also down 2%

Did you short calls or bought puts? Also how many trucks?

I have no clue about predictive closing price… Not sure how would someone calculate predictive closing price, unless an approximation based on past prices, which again is as good as any other price based indicator.

2000rs for the live data … subscribed to it …
i dont need any historical data for backtetsing , so i didnt subscribe to it

in zerodha pi it gives predictive closing pirce ( just the average from 3.00pm onwards )…
found that we can add bank nifty in indices column if equity is enabled , ( i dont have it enabled )

Nothing like that, just had some hedged positions with a net negative Delta of 0.42 that’s all… had a feeling that downtrend would continue seeing the Nifty Future trade at a discount to the index continuously in the last 20 min… also Europe was in good red then…

Ohkk… was’nt aware of it…

This will make good money tomorrow, the Put side :grinning:

I hope so. Last time nifty opened down 300 pts banknifty was down 1k point.

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did iron condor this time … thought of doing 14 lots but decided to go for only 7 in the end
any move above 800 points , have to adjust again :expressionless:

These kind of crashes after a long bull run bring extreme volatile times… I know that they also bring great IV but then the price movement slaughters everything… I am actually avoiding ranged strategies since early this week because of these conditions… might consider waiting a bit to let this transitory period pass before initiating these strategies… Once structural downtrend starts, good IV plus direction neutrality can be lucrative.

I know these strategies have very limited risk but these also give very less returns right? Why not long straddle in this volatile times? I mean if you can double the cash in either long put or long call then you can basically take the profit by closing the profitable position and hope for some reversal till the expiry.

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