Well done. Congrats for successful call. Just want to ask how much will be deducted in the trades where you end up in losses. Must be quite a lot?
Hi @mexpress,
I have lost 1.1 L this month by squaring off the loss making options.
Story of the month so far
Started month with 1 L , made 2L+ , reinvested that as well, lost 1.1 L and profit 3.3L post that.
2 Likes
Well done! By the way is buy and sell process the same as intraday stocks⌠I mean can I directly buy and sell like normal intraday
Yes, It is the same. Main difference is that leverage wonât be there even if itâs intraday. Options are highly volatile. Please start only after observing a few option movements for a month or more till you are confident.
1 Like
Thanks. So, i just have to select stocks from Kite sidebar � Can you please suggest which stocks to study/analyse?
Hi @mexpress,
Yes you could just select the stock by searching in Kite
Ex . RIL options will have nomenclature RIL Nov 980 CE, RIL Nov 1000 CE, RIL Dec 1000 PE etc.
CE represents call option and PE put options.
It is described in detail in Varsity Options Module .
I started by analysing Top 10 Gainers and Losers in F&O segment from NSE
Identify those matching your budget and which has substantial volume transactions per day. Study the news which made the stock to move up/down. Track for a few days before investing. All the best
1 Like
Nov Week 5 has come.