Sure Shot Futures & Options Calls

[rkkarnani]

Sail futures closed @ 213.40

Okay , granted, SAIL closed at 213.40!!! NSE showed last rate as 212.80)
But do post your views about the other factors posted!!!

 

[Dev Mookerji]

Okay , granted, SAIL closed at 213.40!!! NSE showed last rate as 212.80)
But do post your views about the other factors posted!!!

Kindly check eod charts of sail futures.

I believe u have data from stox trend.

 

[rkkarnani]

Kindly check eod charts of sail futures.

I believe u have data from stox trend.

Dev,
hv already accepted ur figure!!! Do post ur view abt the rest of the message!!!

 

[Dev Mookerji]

Open positions as on date :-

Buy SAIL Future @ Market rate 213 . T- 229/244 . SL - 199 (By closing)

Hedge position by selling 210 call @ 8.5

Tomorrow roll over Sail futures long position to March series on closing hours.

 

[rkkarnani]

Dev,Most of the Futures of March are trading at a discount to February Futures!!! What does it signify!!?? Any views!??

 

[Dev Mookerji]

Discounts denotes bearishness in general in perspective to operators. But that's not an universal truth.

Not necessary that operators are always correct.

 

[Dev Mookerji]

Tomorrow roll over Sail futures long position to March series on closing hours.

Sail feb & Mar series are trading @ 212.5....roll over the position.

 

[Dev Mookerji]

Sail feb & Mar series are trading @ 212.5....roll over the position.

Last call writing was profitable

Hedge position again by selling 220 call @ CMP 8.2

 

[Dev Mookerji]

So far trades in this thread.

Buy Nifty 2 Lots @ market rate 4780. T- 5100 SL : 4480 (Positional call. Have plan of averaging as per market direction.)

Nifty is not looking promising book profit 2 lots @ 4825.

Total profit 100X45 = 4500/-

Sell 210 call @ 8.5

Call has been expired @ Rs 2/- Hence profit is 6.5X1350 (lot size) = 8775/-

Total Profit in two closed trades : 13275/-

Not a bad starting in such a ranged & boring market.

Open positions :-

Buy SAIL Future @ Market rate 213 . T- 229/244 . SL - 199 (By closing)

Sail feb & Mar series are trading @ 212.5....roll over the position.

CMP 219. Profit as on date 6X1350 = 8100/-

Hedge position again by selling 220 call @ CMP 8.2

Trading @ flat.

It may be noted that all trades are profitable till now.

 

[kindman]

Originally Posted by Dev Mookerji View Post
Buy SAIL Future @ Market rate 213 . T- 229/244 . SL - 199 (By closing)

Originally Posted by Dev Mookerji View Post
Hedge position again by selling 220 call @ CMP 8.2

Hai Dev bayya... happy holy to all of you....

DEV BAYYA I AM ASKING SOME DOUBTS ...
BUY FUTURE + SELLING CALL (MOSTLY UPPER STRIKE ) = CALLED COVERED CALL AND NOT HEDGE..
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SECOND DOUBT CAME IN MY MIND WHY U SOLD CALL AT SAME STRIKE
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THIRD DOUBT IN MY MIND...
IN ABOVE EXAMPLE U PURCHASED SAIL FUT AND U SOLD CALL AT SAME STRIKE..
MEANS YOU TOOK TWO TRADES...
INSTEAD OF THAT WHY DONT YOU SELL A PUT AT SAME STRIKE (IT WILL GIVE U LESS MARGIN AND GOOD PROFITS THAN COVERED CALL)

THESE ARE MY PERSONAL VIEWS ... AND ITS FULLY RELATED TO TRADING ONLY...