My System - My trades.

Subhadip

Well-Known Member
Just sold 22000 CE 25MAY expiry (between 425-48) 25% of the qty of 22400 4may Calls bought to fund this acquisition. My reasoning is that there is a premium of almost double the intrinsic strike price, which would only come down as the strike price goes up. (The case in point is that it was around 200 when BN spot was 21500). If my SL of 30 were to hit in 22400 4MAY calls then this call would also be lower by 100 odd rupees. Just trying my reasoning based on Subhadip ji's idea. I could be totally wrong in my assumptions.
Good job sir..

still better would have been...just the following:

Buy 22000CE & Sold 22400 CE -same quantity..

But still. i am happy that i have given some !dea to u & u r also actively looking into it..

Thanks sir..

Happy journey in the trading world.

Also one humble request, please do not compare Pivot or any method with OBV. U r master of OBV sir.

One nice comparison I have seen recently in "Dear Zindegi" Movie...that ,one has to sit in many chairs before buying the suitable one...same thing in trading also- one has to see many method, and choose the one which is comfortable according to him ONLY.

So, my point is it is THEIR TRADE & THEIR METHOD-- which THEY have to FIND THEMSELVES..

We can guide sir, that is all we can do..nothing more..
 
Now a days i am trying to double my part allocation every few trades. I always recoup my principal amount back to my kitty. It becomes a challenge with my self. (Nobody else to fight with)
 
posting a chart of Axis Bank OBV for last 2 days where there were 3 buys as per OBV (corresponding to 490/500 and 505 rupees) It went on to make a high of about 525 today. No comments regarding i bought it or not.
 

PUCHU_2500

Well-Known Member
So made more than 3 times in my calls in less than a day. And still people say that OBV does not give an edge. Pls educate me which other method would have given this return with so much confidence and conviction. Price follows smart volumes, not the other way round. That is why OBV is called a leading indicator.
yes sir I beleuve OBV is a leading indicator........today BD of OBV in Axisbank has given me a good profit.....
 

Similar threads