1st Nifty Option Trading

Dear Fellow Traders,

I am posting the Nifty Option trading stratergy

Please review and post the comments.

Thanks & Regards,

Stratergy : 26022008

Sell Nifty Call of strick 5000 with premium 350-370
Sell Nifty Put of strick 6000 with premium 750-820

As on today Call is at 370 & put is at 820

Max Profit is 180 * 50( 1 lot of nifty) 9000

max loss unlimited if nifty spot (on Expiry 27th Mar) is Greater then 6150 or spot nifty is Lesser than 4850

Comments: Premium received (370+820 = 1190) if during the cource of the trading if market gives the profit at exit close the position.

Stratergy : 26022008

Please guide square of open call & put
Buy Nifty Call of strick 5000 with premium 330
Buy Nifty Put of strick 6000 with premium 800
As on today Call is at 330 & put is at 800

Booking an profit of 3000 on 1 lot of nifty


Regards,
PPP

Dear PPP.,
Any new calls for monday?
Thanks in advance .,
RVRK

any new stragedy sir

How many no of maximum lots of nifty option can be tarded in a single trade

I just read this thread and Got confused As to how some1 can sell a 5000 call today for 370 :O lol. Now noticed that rahul somehow managed to reopen this old thread to ask a question which has no relation what so ever to this topic...

Anyways i found 2 things in his strategy.

When he says he --

I can almost bet that at this time nifty 5000 Put and Nifty 6000 Put give out a total premium of 150 points. and selling a simple 5000 put and 6000 call is the same as this strategy. Its only that the Above strategy looks more complex and thus attractive and makes us feel its something diff and somehow profitable.


Also the Max net Profit calculated by that guy is wrong, its not 180*50 but 150*50. which agn tells us about the miscalculations that can occur if you make your strategies soo complex.


To answer rahul's question, I think any number of lots can be traded in 1 trade, but it wont make any difference to your brok costs n ect if you trade 10 lots in 1 trade or 10 trades..

cheers

Quantity freeze
Orders which may come to the exchange as quantity freeze shall be such that have a quantity of more than 15000. In respect of orders which have come under quantity freeze, members would be required to confirm to the Exchange that there is no inadvertent error in the order entry and that the order is genuine. On such confirmation, the Exchange may approve such order. However, in exceptional cases, the Exchange may, at its discretion, not allow the orders that have come under quantity freeze for execution for any reason whatsoever including non-availability of turnover / exposure limit. In all other cases, quantity freeze orders shall be cancelled by the Exchange.

http://nseindia.com/content/fo/fo_niftyoptions.htm

Naresh

nifty 4300 call buy or sell