Bulls, Bears & The Lion

[scorpio77]

Hi Vikas,

Where are you seeing this data of buying and selling interest in options?

Profit booking and accumulation is going on around 5000 mark. Play safe or better stay out if you cannot react fast. 5300CE gets active anything below 15 and good buying is coming there. 5000PE lack buying interest which is not very bearish sign.

 

[findvikas]

I am confused.
Trigger order will be placed if the CMP is less than the price you want the order to be placed. So if CMP is 10.30 and you want to execute the order @ 10.75, you place a trigger order @ 10.65 trigger price 10.75 order price.

If the price of the order is less than CMP, then the order will get executed at your price only, that is 9.75, not above that.

Rajiv

Actually you were right, I completely missed that it was not even in pending order list. As my order was not accepted and I was looking at only 'Executed' order list... hoping that the order was in pending state while it was in rejected state

 

[trade4putuval]

I am not that lucky with BhartiAirtel 320PE. Had placed the order @9.15. It came till 9.25 and returned back.

Rajiv

 

[trade4putuval]

Actually you were right, I completely missed that it was not even in pending order list. As my order was not accepted and I was looking at only 'Executed' order list... hoping that the order was in pending state while it was in rejected state

:rofl: :rofl:

 

[findvikas]

I am not that lucky with BhartiAirtel 320PE. Had placed the order @9.15. It came till 9.25 and returned back.

Rajiv

Patience pays... I usually place order and forget. I think it will come down to even 9rs by the EOD if it trades around the 320 mark till closure... better wait with an order @ 9.25

 

[trade4putuval]

Patience pays... I usually place order and forget. I think it will come down to even 9rs by the EOD if it trades around the 320 mark till closure... better wait with an order @ 9.25

Advice well accepted. I have not removed the order. It is still visible in the pending order list @9.15. Maybe, I might bring it down to 8.75, not now, maybe later.

But I am only concerned about the liquidity of the stock option.

Rajiv

 

[findvikas]

Pay the price you think is worth it for it, you can never do the bottom fishing. If you think 9.25 rs worth it then pay it and stick to it... Stock Options being quite illiquid and you might not get your order filled.

Even with 10rs your breakeven will be 310.. which is still above its level where it can retrace to... may be 290-280 by expiry.

 

[findvikas]

Order executed and I am out @ 16 in 5300CE

 

[findvikas]

So far 900/- in pocket and I need to have some tea now. Itna to bunta hai.

 

[findvikas]

Book longs around 5025-5030... dont waste a single second to book profit. Book profit when you can.