How to loose 24K in option

a game for loosers

A game for Gambler is proper word :xd Legal Gambling at least it;s better then casino.
The greatest pleasure in life is doing what people say you cannot do. AKA Win

Yes may be u can win but cannot escape loosing.

Yesterday option chain EOD 15 05 2017



sold 9300PE @12.7

Bought 9600 CE 13.2 2400 Qty
bought additional 2400 Qty @ 10.55
sold all 9600 @ 12.3

Bought 9400 PE @31 sleeps 1875 qty
Bought another 9400 @29
Total now 3525 Qty of 9400 PE

it;s no longer 24 K loss game :xD sleeps till expiry

Eod at 17 may 2017

bought few more
4500 qty 9400 PE now

sold all put @ 32

bought 9500 CE call @ 37
sold 43

bought again 9400 PE @ 28
sold 28

bought 9500 CE @ 43

Hi @otga

Can you please share the excel sheet.

Link to excel sheet :-- https://drive.google.com/open?id=0ByOUhBHdwdPmRDNIV1RLZWE3LTQ

starting to believe OI excel sheet does u no good
All matter is Averages .

i think i am leave my trade as it is and go for vacation and come back on Thursday 1:30 pm and see whats loss or profit

Sold all CE 43
bought again 45
sold 47

bought same @ 52

inputs sel all @ 99.9 sleeps

Allright lost it Successfully.

Call buyer in loss
put buyer also in loss

Algo only interested in selling Puts :xD

Some times tuka make u x3 times money in option but later on You will loose .
Option premium are already 40% more when u trade them . SL 10 20 30% all wil Hit
Averaging doesn;t help ...nor strike shifting helps.

Even if u are on option sell side u make only 10% to 30% due to high margin
suitable for Fll they have position in billions

Took me 4 yrs to figure this hoe is only stealing your money lol can i be more stupid lmao

Proof

NIfty is currently 9360

9400 CE yesterday was 36 TODAY 71% down CMP R.s 10
9300 PE Yesterday was 22 Today 55% down CMP R.s 10

9500 CE almost 0 lol
9400 PE [In the money] is Yesterday was 49.85 CMP is 42 down 15 %

Ideal stop loss playing option in my view should be 15% . you don;t keep Sl u will get hurt

Option to be played with consideration money is gone already and it be smart to loose playing optiin that have 60 or 90 days left to expiry

Next Entry in Future market
mhm or may be 60 days option lol

Last year Financial year profit 17 lakhs after tax :xD

Current financial year Loss 7 Lakhs ^^
Call me indian millionaire lol