Maximize profit using SH's strategy

[smartshahezad]

good, i too bought 5600 put @ 57 and sold @ 61, made 6800 and then bought 5500 put and sold 5300 call @ 277
Will cover everything @ 3 ema touch

An amateur question : Is selling a call and buying a put one and the same thing???

 

[LivetoTrade]

An amateur question : Is selling a call and buying a put one and the same thing???

For selling a Call, you need as much money as selling a Futures - which would approximately be about Rs.25000/-.

For buying a Put, you need price x 50 : per lot.

 

[smartshahezad]

For selling a Call, you need as much money as selling a Futures - which would approximately be about Rs.25000/-.

For buying a Put, you need price x 50 : per lot.

How to calculate profits while selling calls and the rule is vice versa for selling a put??

 

[manojborle]

An amateur question : Is selling a call and buying a put one and the same thing???

By selling a call 5300, I got the premium of 13850
I bought 5500 puts @ 29.5 for 23600
So the investment is only 9750.

1. Highly impossible, if expiry is below 5300, I will keep the complete premium and 5500 put will be 200+ so can make huge profits
2. If expiry is @ 5577, I will lose 23600 and call will be at 277 so I can buy back and will exit at no loss in call
3. If it expires above 5577, I will lose in call also
4. If expiry is @ 5470, I will exit 5500 put @ no loss and 5350 in call.

 

[smartshahezad]

Booked profits on all my open long positions including the added positions on 5644.20 with an overall profit of 576.20 points profit.

In options i have 11.75pts profit.

The only open position is 5500 put which i got it at 24.50 something..

Prices are too high to buy and there is no way it can be sold. Need to just wait now for either a sell to be generated or an entry for long.

 

[smartshahezad]

Just to confirm, will today's low be the new SAR if today's high is taken out?? Not sure if the price touched the MA.

Thanks in advance.

 

[manojborle]

Just to confirm, will today's low be the new SAR if today's high is taken out?? Not sure if the price touched the MA.

Thanks in advance.

yes price touched 15 ema on 30 min time frame, but the high was not taken out.
Also for last 3 consecutive days 3 ema was also not touched on daily time frame.
So tomorrow there may be 3 ema touch, today it was around 5565
I bought 5700 put @ 102, booked partially @ 118 and holding remaining lots.
Still holding 5500 put bought @ 23 and 5300 call sold @ 277

 

[smartshahezad]

What are the status manoj?? Or if joisar is back..

 

[manojborle]

What are the status manoj?? Or if joisar is back..

I was out for work on tuesday, so could not square off my positions.
I am still holding 5700 PE bought @ 105 and 5500 PE bought @ 23 and 5300 call sold @ 277.
Yesterday also 3 EMA was not touched and was around 5581.
At present SGX NIFTY is trading around 5575 and made a low of 5532, so can expect a GAP DOWN tomorrow.

 

[manojborle]

What are the status manoj?? Or if joisar is back..

Hey smart, I booked 57 pe @ 136 for a profit of 28000, 55 pe @ 28 for a profit 4000 and 5300 ce @ 278 for a loss of 50 , so overall a good trade .
It could go down from here, but I dont want to take risk and this much profit is good for me