Option trading diary

[Subhadip]

Of course, please teach Subhadip.

Will try to teach whatever knowledge I do have

 

[abhi_tyagi]

I am holding two bullish strategy together.

That is why when market going up, it is giving good profit.

Also both the position is hedged, so if it would have gone opposite way it would have make small loss due to hedging.

Do u want to learn more?

Subhadip Da,

1- You have selected two bullish strategies together on call & put side. Is there any specific reason for doing that. You could have double the quantity and play only one one side either call or put side that would have the same PnL.

2- What is your idea behind the selection of deep ITM/ITM strike price.

Thanks in advance!

 

[Subhadip]

Subhadip Da,

1- You have selected two bullish strategies together on call & put side. Is there any specific reason for doing that. You could have double the quantity and play only one one side either call or put side that would have the same PnL.

2- What is your idea behind the selection of deep ITM/ITM strike price.

Thanks in advance!

I was holding a bullish very bullish strategy in my first trade.

But I was holding ATM call long 8500 ce 1050 quantity.

But also was holding NF long. Expecting some consolidation. That is why booked the first strategy as also that will eat theta.

Now implemented bull put spread.

In that I bought ATM PUT. now I do not want to loose theta. Also I have to hedge my NF.
So sold ATM call and implemented bull call spread.

That is why implemented two strategy together.

Deep ITM CALL behaving exactly like future now. That is why.

 

[Subhadip]

Got out my all position at spot price 8582

Will update later - price

 

[Subhadip]

Got out my all position at spot price 8582

Will update later - price

Got out in morning at following price:
8700 PE @ 156.76
8500 PE@ 61
8500 CE @ 147.21
8300 CE@ 302.96

No holding till now.

 

[rjshem]

sab upar se ja raha hai

Subhadip jaisa mehanath karega tho sab upar hi jaayega.great work subhadip keep going.

 

[Subhadip]

So my Position is when spot was at 8505 around:

Sell 8700 PE @ 201.39
Buy 8500 PE @ 83.58

Sell 8500 CE @ 101
Buy 8300 CE @ 244

Got out in morning at following price:
8700 PE @ 156.76
8500 PE@ 61
8500 CE @ 147.21
8300 CE@ 302.96

No holding till now.

So total profit after two trade is around 5%.

Yesterday my trade calculation was wrong.

 

[VJAY]

Dear Subhadip,
Good thread but why stopped it?!!!!Its nice to see option with PA trading that too hedged type trading..please continue posting ...

 

[wisp]

Dear Subhadip,
Good thread but why stopped it?!!!!Its nice to see option with PA trading that too hedged type trading..please continue posting ...

Hi VJAY bro,
Nice to see you back!! Looking forward to your posts.

 

[Subhadip]

Dear Subhadip,
Good thread but why stopped it?!!!!Its nice to see option with PA trading that too hedged type trading..please continue posting ...

Thanks bro. Not stopped. just paused.