How to loose 24K in option

[travi]

Allright lost it Successfully.
Proof

NIfty is currently 9360

9400 CE yesterday was 36 TODAY 71% down CMP R.s 10
9300 PE Yesterday was 22 Today 55% down CMP R.s 10

9500 CE almost 0 lol
9400 PE [In the money] is Yesterday was 49.85 CMP is 42 down 15 %

Bhai, this is called Theta
It literally accelerates as expiry approaches and today is just one day before.
Even at EoD of expiry, ITM options will trade at 10-20pt discount of their IV.
I'm afraid that's how it works, not FII/DII/other inst fault.

I've seen some of ur trades, since u've already learnt some more
ur strategy suitable when expiry is far.
In expiry week, u'll see Theta taking effect during the day, not only overnight, ur quotes of yest and today are example.
Sideways/choppy mkt will almost definitely kill u, u need a sufficiently large favourable move.

All the best for ur next bout and wish u profits :thumb:

 

[Subhadip]

Allright lost it Successfully.

Call buyer in loss
put buyer also in loss

Algo only interested in selling Puts :xD

Some times tuka make u x3 times money in option but later on You will loose .
Option premium are already 40% more when u trade them . SL 10 20 30% all wil Hit
Averaging doesn;t help ...nor strike shifting helps.

Even if u are on option sell side u make only 10% to 30% due to high margin
suitable for Fll they have position in billions

Took me 4 yrs to figure this hoe is only stealing your money lol can i be more stupid lmao

Proof

NIfty is currently 9360

9400 CE yesterday was 36 TODAY 71% down CMP R.s 10
9300 PE Yesterday was 22 Today 55% down CMP R.s 10

9500 CE almost 0 lol
9400 PE [In the money] is Yesterday was 49.85 CMP is 42 down 15 %

Ideal stop loss playing option in my view should be 15% . you don;t keep Sl u will get hurt

Option to be played with consideration money is gone already and it be smart to loose playing optiin that have 60 or 90 days left to expiry

Next Entry in Future market
mhm or may be 60 days option lol

Last year Financial year profit 17 lakhs after tax :xD

Current financial year Loss 7 Lakhs ^^
Call me indian millionaire lol

Please use next month option to delay theta effect...

Best of Luck.

 

[OneThatGotAway]

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Captial 150000

I am back THis time Futures

BOught Tata motors June Futures 461

Will see this one now on 14th Or 21 only to sell Or if it ever crosses 490
Will quit this at 420 if it reaches

loss target is defined :xD

MArket needs Time and this time i wil give it Time . Futures are renewable Expiry ^^
Lets make funds :xD

Actually 440 was optimized rate for entry but again i was on vacation zzz no markets

 

[OneThatGotAway]

468 sold
may be will buy again on monday

 

[OneThatGotAway]

I was patient waiting if this one goes till 440 .. lol i always wanted to buy @ 440..

Today price started to increase i bought it and will hold this for few days

BOught Tatamotors 456 1 lot

====================================
BOught 9700 CE call @31 qty 975

reason is nifty open low constant

Let price fluctuate... i am look at EOD ..if i don;t like it i wil cut all .. IF i like then carry forward and hold 1-3 days
Goes back to Brown rice vs White rice

https://www.youtube.com/watch?v=nB2F_gwsKZ4

:xD

 

[OneThatGotAway]

Sold call @35
inputs sell tata motors @ 479 sleeps

 

[OneThatGotAway]

sold 464 sold all

 

[OneThatGotAway]

Bought tata motors Futstk 1 lot @ 460 ...
will sell this only in spike else will hold for 1 week
===========================

date 23/06/2017

Sold 446

bought 9800 CE July 2625 qty @ 48

 

[OneThatGotAway]

sold all @40 .......
i had doubled qty @ 25 and yes saw lo of 13 too lol
for now i am out of stock market for soem time now .