Some of the graphite stocks will correct. Should book profits on rallies if anyone holding them. ( I dont hold any)
Graphite India - 850-860 levels
HEG - 3350 levels.
Got a chance to learn something new. Experimented and tested WRITING OPTIONS for the first time ever. Target is to become a prominent 'Option Writer' in near future.
Test run began at 11 AM approx. Shorted only 80 units each of 26500 PE and 26500 CE with a combined premium of 145. It was a MIS order and hardly consumed 95000 approx. Got out early at 135. Trial run successful!
Looking forward to take bigger advantage next Thursday.
Got a chance to learn something new. Experimented and tested WRITING OPTIONS for the first time ever. Target is to become a prominent 'Option Writer' in near future.
Test run began at 11 AM approx. Shorted only 80 units each of 26500 PE and 26500 CE with a combined premium of 145. It was a MIS order and hardly consumed 95000 approx. Got out early at 135. Trial run successful!
Looking forward to take bigger advantage next Thursday.
Some of the graphite stocks will correct. Should book profits on rallies if anyone holding them. ( I dont hold any)
Graphite India - 850-860 levels
HEG - 3350 levels.
Got a chance to learn something new. Experimented and tested WRITING OPTIONS for the first time ever. Target is to become a prominent 'Option Writer' in near future.
Test run began at 11 AM approx. Shorted only 80 units each of 26500 PE and 26500 CE with a combined premium of 145. It was a MIS order and hardly consumed 95000 approx. Got out early at 135. Trial run successful!
Looking forward to take bigger advantage next Thursday.
Great new learnings, it all depends ... from what I see the gain is Rs 842 .. now it depends how long it took from 145 to 135, for Rs 10 ...
selling is a slow and steady game, but buying is a quick game ..
but let us know, how it goes
As posted earlier, will start posting trades here soon
Great new learnings, it all depends ... from what I see the gain is Rs 842 .. now it depends how long it took from 145 to 135, for Rs 10 ...
selling is a slow and steady game, but buying is a quick game ..
but let us know, how it goes
As posted earlier, will start posting trades here soon
yet to see a profitable option buyer in long run.
option sellers earn low % but consistent winners.
our vadivelu made 30 - 40 lakhs in option buying, jhunjhunwa made 16 lakhs , market took away all that plus dahej also.
yet to see a profitable option buyer in long run.
option sellers earn low % but consistent winners.
our vadivelu made 30 - 40 lakhs in option buying, jhunjhunwa made 16 lakhs , market took away all that plus dahej also.