Easy way to loose money in option ^^

Thanks Subhadip.

However I am not referring to that video. What I meant to ask is if you want to control Delta and Vega what will be strategy you employ.

Anyway coming specifically to my problem. Assume I buy Bank nifty Monthly Put with 60 days to expiration and I sell nearest Weekly Put on the same strike price (Horizontal Spread). What is the worst thing that could happen to this position the next day ? One thing I could think of is market gapped up by 1000 points then I lost my entire bought premium against a small premium gained by selling. What are the other risk that need to be taken care.

Sell near contract both PE & Ce;

Buy next contact both PE & CE..

Hope that can control ur Vega,

but will earn theta.

For controlling Delta employ Future or Deep ITM Ce or PE..

That's all that can happen
Not to butt in, there are some strategies with Limited risk and others with unlimited risk.
One has to employ a strategy to emerge profitable.

Kind of decent way to Bulls make money, Bears make money Pigs get slaughtered .

Apun Road side aadmi . Never understood whats beta vegeta geek . i am too old to learn that.what i understand is
If u are uncomfortable after u buy Get out square off. Stay in trade as long as you feel comfortable.
Price and Sl are king we need not worry about geek vegeta .let those be there for Fii and intelligent ppls lol
Simple aadmi simple Sl .

If you don;t carry forward position .You are always in control of your Sl . you control your loss.
Gaps down Gap up is kills most of option players.

Let me ask u in general days how much u going tomake in 1 days ? max 20 -30% right . So whats should be your Sl ?
there are days when it gives u 300% that are SUperBLue lol

Day 2 :--

Bought 3000 qty 8800 CE @80
puts Sl as 19% from buy price

Eyes on Stoploss figure



Bought another 2400 qty .. i think i m in love with this one
seem slike have to hold and carry forward but i don;t want to do that hehe
now Blue is holding 5400 Qty .... even i am ready to hold this one.. until my Sl is reached

Now it says i used over 425K option makes u Juwari i forget track of how much u investing ..it better gives me something for that


hitted stop loss
copvered back @59

Sold all 81

Bought 8700 PE @44 Qty 8100

There now i became investor in option lol call fluctuated but i didn;t made any money zzz now lets try put

Oh my favorite Son Goku kun...:clapping::clapping::clapping:

aree yaar mein kya comment karu
hamesha 2/3 lakh ka loss khake phir aa jate ho agli expiry mein, kitna paise wala hai ye bhai
wonder kahin ye id Malya ki to nahi hai kingfisher wala :lol:
waise bhi mein ab options ke threads se dur rehta hun , bramhcharya ka palan karna hai

Apun ne pahela aisa road side aami dekha hai jo 4-5 lakh ka option trade karne se darta nahi... itna paisa aata hai kaha se?

road side dhaba hai kya? road side petrol pump? road side bar? :lol:

he made 16 lakhs in options from 2/3 lakhs then lost 8 lakhs in single day :rofl:
option ka koi bharosa nahin , kab palti maar de

Sold al put @ 49

Bought 8800CE 9600 Qty @ 65
told ya i am in love with this call :xD i keep comming back to it lol
@Ravi sir ...
One that hasn;t tasted loss won;t know true taste of Win.