NSE F&O Expiry day gambling - FY 2014-15

marimuthu13

Well-Known Member
#1
As title says, i am going for a gambling for next one year.

As its pure gambling, money i am going to invest is at full risk and i already forget this money...

Investment is Rs 100000..

I am going to divide by 10 i,e Rs 10000..

from this Month I am going to risk rs 10000 in every month F&O expiry day..

Plan is to wait till around 2.30 PM..i will see where NF is trading around...

If its trades above classical pivot points from morning, then I will buy nearest PUT ..vice versa for buying calls...


will update today trade once i get into it..
 

stock72

Well-Known Member
#2
good muthu .. me too this morning thought same like to risk 10k in expiry day ... but difference is trade from morning with that money :rofl::rofl:


and bot 6700 pe @ 53 now

As title says, i am going for a gambling for next one year.

As its pure gambling, money i am going to invest is at full risk and i already forget this money...

Investment is Rs 100000..

I am going to divide by 10 i,e Rs 10000..

from this Month I am going to risk rs 10000 in every month F&O expiry day..

Plan is to wait till around 2.30 PM..i will see where NF is trading around...

If its trades above classical pivot points from morning, then I will buy nearest PUT ..vice versa for buying calls...


will update today trade once i get into it..
 

marimuthu13

Well-Known Member
#3
good muthu .. me too this morning thought same like to risk 10k in expiry day ... but difference is trade from morning with that money :rofl::rofl:


and bot 6700 pe @ 53 now
all the best sir...:thumb::thumb::thumb:

market for past 2/3 months in tight intra day range ...my plan may not work as of next 2-3 months..but after that it may work ...
 

zabeen2004

Well-Known Member
#6
bought at 1, sold at .30 rs

loss of 7000+taxes

Balance gmabling amount rs 92500+
Sorry to say this...."Market never responds to gambling all the time" but yes ofcourse it responds at certain moments.... but by the time you will be completely washed out.
My kind advise.... dont waste the hard earned money and that too in a matter of 1 hr....

This is just my view I hope you wont mind....
 

lemondew

Well-Known Member
#8
Marimuthu,


Why not gamble by straddling select stocks which are volatile like sun pharma, reddy was volatile during last 2 days. Just had to buy 670 call 680 put which might ve been not more than 13-14 Rs 1 day prior to expiry. Max loss would be 4 Rs = 4 * 500 = 2000. Profit would be good in the offer if it works.

Please note .125 % tax for in money options which is around 400 Rs is also a loss


As title says, i am going for a gambling for next one year.

As its pure gambling, money i am going to invest is at full risk and i already forget this money...

Investment is Rs 100000..

I am going to divide by 10 i,e Rs 10000..

from this Month I am going to risk rs 10000 in every month F&O expiry day..

Plan is to wait till around 2.30 PM..i will see where NF is trading around...

If its trades above classical pivot points from morning, then I will buy nearest PUT ..vice versa for buying calls...


will update today trade once i get into it..
 

marimuthu13

Well-Known Member
#9
Sorry to say this...."Market never responds to gambling all the time" but yes ofcourse it responds at certain moments.... but by the time you will be completely washed out.
My kind advise.... dont waste the hard earned money and that too in a matter of 1 hr....

This is just my view I hope you wont mind....
Sir..i agree with you 100% regarding gambling...but this is somewhat related to market behavior ...and relates to operator games...

i expect atleast 5 out 10 times..trade can go favour...
 

marimuthu13

Well-Known Member
#10
Marimuthu,


Why not gamble by straddling select stocks which are volatile like sun pharma, reddy was volatile during last 2 days. Just had to buy 670 call 680 put which might ve been not more than 13-14 Rs 1 day prior to expiry. Max loss would be 4 Rs = 4 * 500 = 2000. Profit would be good in the offer if it works.

Please note .125 % tax for in money options which is around 400 Rs is also a loss
thank you sir..i preferred with nifty options mainly because big players playing same game in expiry day.....