Option Bets that bring 500% or more!

[SexyTrader]

This thread is aimed ONLY at those CE/PE Options that have potential to generate more than 500% returns. Of course it is RISKY but long/medium term bets :thumb: Time limit not assured but returns would be 500% or more!

I'm NOT giving recommendations....just investing these bets!

First trade of this thread :thumb:

Bought 7500 PE September at 51/- now and will hold this position.... Looking for returns 500% or more!

 

[Somatung]

@SexyTrader

Is it possible for you to post the scripts current level. like in this case Nifty, when you acted? Why? People who will start to read this thread to a later point of time will have a chance to follow the trade in a better way. I made a quick screen shoot for this first idea in which Nifty level can be seen include the price of the put, OI and IV at the current moment:

By the way: Stop loss still not clear. 5% on the value of the option or 5% on the underlying?

Take care / Dan

 

[renurgg]

can you please describe the quantity ? or approx money invested?
TIA

CORRECTION : Sept 7500 PE ws nt traded at 51 from the beginning of the day.

 

[SexyTrader]

@SexyTrader

Is it possible for you to post the scripts current level. like in this case Nifty, when you acted? Why? People who will start to read this thread to a later point of time will have a chance to follow the trade in a better way. I made a quick screen shoot for this first idea in which Nifty level can be seen include the price of the put, OI and IV at the current moment:

By the way: Stop loss still not clear. 5% on the value of the option or 5% on the underlying?

Take care / Dan

Yes ok :thumb:

Stop Loss is 5% of the underlying.....Not on the value of the option

 

[SexyTrader]

can you please describe the quantity ? or approx money invested?
TIA

CORRECTION : Sept 7500 PE ws nt traded at 51 from the beginning of the day.

2000 shares of 7500 PE September. I bought at 51/- coz ask price was showing 51/- and holding it till returns 500% or more!

Dont know what was the price at the beginning of the day but I entered at 51/-

 

[cinderblock]

2000 shares of 7500 PE September. I bought at 51/- coz ask price was showing 51/- and holding it till returns 500% or more!

Dont know what was the price at the beginning of the day but I entered at 51/-

HOD for the contract is Rs.50. You managed to buy at Rs.51 :rofl: :rofl:

 

[SexyTrader]

HOD for the contract is Rs.50. You managed to buy at Rs.51 :rofl: :rofl:

See screenshot above....ask price was 51/- when I bought

 

[cinderblock]

It doesn't matter what the ask price is. HOD means the highest price at which the contract was traded is Rs.50.

But you managed to buy it at Rs.51 :rofl: :rofl:

Go to the NSE website and find out what the HOD for the contract is

 

[Somatung]

2000 shares of 7500 PE September. I bought at 51/- coz ask price was showing 51/- and holding it till returns 500% or more!

Dont know what was the price at the beginning of the day but I entered at 51/-

Shares? Why shares or do I miss understand shares? If so kindly correct me. So far I understood that you bought 40 lots or 2000 single option contracts. Over here we talk only about single contracts but I get used to lots. But I never have heard any body talking about shares when options are meant. Sorry for this.

 

[SexyTrader]

It doesn't matter what the ask price is. HOD means the highest price at which the contract was traded is Rs.50.

But you managed to buy it at Rs.51 :rofl: :rofl:

Go to the NSE website and find out what the HOD for the contract is

How does that matter ? I bought it at 51 and am holding it.