Path to Consistency

travi

travi

Well-Known Member
#551
#551
Smart_trade said:
Sorry typo error....it is 8800 puts and 9400 calls.
ST
Click to expand...
:thumb: This methodology of very low deltas make the odds high and risks low.

Just a general format that we need to use:
If we can state the spot and IV at time of entering.
Its useful when evaluating later.
Eg. Spot: 9160, SELL MAY8800PE@120/IV 11.56 etc
obviously Nifty, although BN can be explicitly specified.
 
vivektrader

vivektrader

In persuit of financial independence.
#554
#554
Subhadip said:
Yes. Right.

U r not missing anything.
Click to expand...
Subhadeep ji, can you recommend some book for options, so that I can understand the discussions (happening in this thread) better.

Vivek
 
Subhadip

Subhadip

Well-Known Member
#555
#555
F

fnoQ

Active Member
#556
#556
Bro quoting your lines



But im selling when VIX ranging below 12 , or that is for naked selling not strategy ?

does only looking for theta decay as gains in my 9200 short straddle with 9400 ce and 9000 pe long ,for that theta gains im keeping delta neutral for directionless trade and finally have to control vega also ?

dont worry abt theta as everyday losing im getting gains in time decaying , so leave that part and have to concentrate on delta to be neutral ( told given some room to 150 ) and is any vega limit to control when reach ?
 
Last edited:
Subhadip

Subhadip

Well-Known Member
#557
#557
fnoQ said:
Bro quoting your lines



But we are selling when VIX ranging below 12 , or that is for naked selling not strategy ?

does only looking for theta decay as gains in our 9200 short straddle with 9400 ce and 9000 pe long ,for that theta gains we are keeping delta neutral for directionless trade and finally have to control vega also ?

we dont worry abt theta as everyday losing we are getting gains in time decaying , so we leave that part and have to concentrate on delta to be neutral ( told given some room to 150 ) and is any vega limit to control when reach ?
Click to expand...
I have not taken any trade like this.

Which trade u r referring
 
F

fnoQ

Active Member
#558
#558
Subhadip said:
I have not taken any trade like this.

Which trade u r referring
Click to expand...
i have taken that , asking abt that trade only , :) ( did edits in my previous post, to avoid confusions )
sold 9200 pe @ 145.25
9200 ce @ 121.15
buy 9400 ce @ 42.65
9000 pe @ 70.95
 
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Subhadip

Subhadip

Well-Known Member
#559
#559
fnoQ said:
i have taken that , asking abt that trade only , :) ( did edits in my previous post, to avoid confusions )
sold 9200 pe @ 145.25
9200 ce @ 121.15
buy 9400 ce @ 42.65
9000 pe @ 70.95
Click to expand...
Ok. Just wait. Hopefully will not breach 9000 level.
 
M

msa5678

Well-Known Member
#560
#560
Smart_trade said:
I have taken a similar trade today...sold 8800 puts and 9400 calls nifty May series at combined premium of Rs 54.6.


Smart_trade
Click to expand...
ST Sir, I have one small query. What if NF opens Big GAP down. 9400 call will become zero, But 8800 put may shoot up beyond the premium collected. How do you manage such situations. It will help us a lot in understanding of dealing with GAPS.

Sent from my SM-G610F using Tapatalk
 
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