Analysis#1: Oct and Nov Series : Nifty Futures Data : From 30 Sep/13 till 25/Oct/13
#1 Delta change is same for near and next series : both futures drop/gain same amount
So not much arbitrage on closing basis. (Except 1/2 points)
#2 The delta between near and next increase by around 20 points: with markets rising
from 5790 levels to 6152. Delta increased from 33 to 52 : Around 19 points
(This is difference between value of Nov and Oct Nifty Futures)
So if we sold Oct Futures @ 5791 on 30 Sep : Current Price: 25/Oct: 6152 : Loss: 361
Brought Nov Futures@ 5825 on 30 Sep : Current Price : 25/Oct: 6203 : Profit : 378
Net: 16 points
Technically, it is profit of 800 on investment on 6000, which comes to 13.4% approx.
Still lot of analysis to be done to define clearly trends, impact of vix, analysis of data for months where markets moved sideways, or moved down, months where we had market moving news etc.
Will keep on posting the analysis.
Well, a good paper trading analyzes for the begin. :clapping: Even coming up with a discussion about a margin of around 100 USD and always recommending one broker is great. :lol: Please move on as I think it is quit interesting to be called gas from some one which not even can effort a full margin of around 420 USD. I not even can go short in the cheapest future market on that margin over night, but you call other gas and by your self you not even can afford a few of such shorts. :lol::lol:
You are a funny boy with a big mouth. :lol::lol: Please move on with your paper trades and do not use to much paper, as this could affect your margins in the long run. :rofl:
DanPickUp
Edit: BE CAREFUL WITH WHO EVER THIS POSTER IS, AS HE MENTIONED A FEW TIMES: zerodha BROKERS IN HIS POST WITH NOT EVEN BEING ASKED ANY QUESTION ABOUT THAT. WHY WOULD SOME BODY TELL YOU THE WHOLE TIME ABOUT ONE BROKER AND TELL THAT IS THE BEST? ARE WE ALL STUPIDS AND STUPID FOLLOWERS OF ANY POST? DO NOT TRUST THIS GUY.
IF YOU START TO TRADE FUTURE SPREADS, CHECK AS MANY OTHER BROKERS AS YOU CAN BEFORE YOU EVEN DO ANY TRADE. LET US KNOW IN THE FORUM WHAT YOU FOUND OUT ABOUT ANY MARGIN REQUESTS. DO NOT OPEN ANY ACCOUNT BY ZERODHA AS LONG AS THIS IS NOT CLEAR ON THE TABLE. DO NOT TRUST TRADER15, AS NO NORMAL TRADER WOULD REACT THE WAY HE DOES WHEN BEING PULLED ON HIS LEGS.
IT IS YOUR MONEY AND YOUR SAVINGS YOU PUT INTO THE HAND OF THIS WHO EVER AND WHAT EVER HE/SHE IS.
If you think you need more to know about future spread trading search for: Uttamkalesh. As far as I know, that was his name at least for one thread in the section I already mentioned. Other wise search for future spread trading, but do not trust this guy or at least be very careful with him.
DANPICKUP