My Option Trades without looking at OI or GREEKS

Today , traded Heromotoco 2600 Call ! Bought it when EQ price crossed 2590 and exited in decent profits! Bought at ~45 and exited at >63 ! Call did a high of 78.50 and closed at 70 !


I plan to Buy NMDC 112.50 PUT tomorrow when a certain level of NMDC Spot is broken !
Shall Post the trade after taking Position ! Though I need to rethink as there is hardly any volume in NMDC options!


Let us see how good these trades in Buying Vanilla Options is successful!

Today , traded Heromotoco 2600 Call ! Bought it when EQ price crossed 2590 and exited in decent profits! Bought at ~45 and exited at >63 ! Call did a high of 78.50 and closed at 70 !


I plan to Buy NMDC 112.50 PUT tomorrow when a certain level of NMDC Spot is broken !
Shall Post the trade after taking Position ! Though I need to rethink as there is hardly any volume in NMDC options!


Let us see how good these trades in Buying Vanilla Options is successful!

On my Radar for 8th July PUTS : Heromotoco and Reliance! Shall Post the trades after the same are triggered !
Aiming to exit 50% qty. of the Options at 30% gain and balance 100% gain or on the 7th day ! If Position taken on 7th July, exit on 12th !
Position shall be taken in next months options from 7 days before Derivative close. OR maybe we trade only till the Friday of pre-closing week! Not clear in this regard as did not do any analysis at all!

SL shall be based on the underlyings levels and not Option levels!

Dint look at other stocks but why Tata stl put .....what's basis for this call.

Thanks for your interest sir!
Tata Steel has closed , if I am not wrong at almost 12+ months low and with much larger than usual volume yesterday ! A continued move can surely deliver 20+% in a PUT as we are still 3 weeks away from Derivative Close and Time value erosion would not be a hindrance

so your study is purely price pattern