My First Post on TRADERJI

I find lot of good information in Traderji Forum. Thanks admin.


I am mostly trading options and would like to share my trades.



Today I bought NTPC 150 Feb Call qty- 20000 @ 1.35, qty 16000 @ 1.30 at end of day.
Put call ratio & delivery %, suggests lot of accumulation in NTPC. My target will be Rs. 1.65 for the entire 36000 / 18 lots. My stop loss would be Rs 1.15

But I see NTPC is moving sideways for the last 2 to 3 trading sessions.

Any body has some views on my trade?

Suggestion are most welcome.

My Capital is 50K. My target is 100K in 1 Month (100% Return).
My Broker charges me 140 to 150 Rs per Option trade including taxes (Buying + selling one option)

How reasonable is the Brokerage?

Welcome to this Great Forum. You will get enuough to learn TA here.
:!:! However, making 100K from 50K is too optimistic view, which is not advisable to follow but still Gambling does not have any rules.

Sold 18 lots at 1.55 Rs.
Sell - Buy price = 0.22
Brokerage +tax = 0.07

Net = 0.15
Profit=0.15*36000 = 5400

I have bought March Expiry NTPC 150 Call 10000 Qty (5 lots) @ 2.70

Hope the best that I get a exit @2.90 Today itself

Sold March Expiry NTPC 150 Call 10000 Qty (5 lots) @ 2.90
Sell - Buy price = 0.20
Brokerage +tax = 0.075

Net = 0.125
Profit=0.125*10000 = 1250

The premium on next month NTPC are very low.... Means we are going to have very low volatality in NTPC counter.

Thinking for a good entry point for March Expiring calls (either 150 or 160)
however I find my patience too low.... I always think I should hold a profitable call but I sell it due to pressure from mind...

Bought JP associates 75 Call 32000 Qty @ 1.55
Tooo Tense to react

I am calming myself

JP associates call closed at 1.25 Rs. Already with loss of more than 9000 Rs.
I will hold my position to sell tomorrow with a loss. I hope market will open GAP UP tomorrow

Today morning trades gave me 6500 Rs.


Net NOTIONAL Loss of 3000 Rs.

JPAssoc is in good downtrend already.
Since you have already decided to exit @ loss tomorrow, the best thing you should have done is buy 70 put@2 today making the position strangle.

This way, if jpassoc goes down(which is already in -ve trend) tomorrow, 70 put will easily move up by 1 rs for every 1rs down in spot and you might be able to recover the loss in naked CALL.

Otherwise if jpassoc goes up, the effect will be neutral(no more loss atleast) as the loss in 70 put will be taken care by 75 call.