Day Trading Stocks & Futures

overall a good day ended for me.
godrejind 2nd consecutive day my short stopped out.

earned good in jindalstel, ashokleyland, tcs, tatelxi, itc, banknifty.
managed to exit in some profit in Infratel. (this looks like tomorrows long)
adaniport. a childish trade s/l hit at cost.
still holding yesbank short @ 345 TCS short @ 1735 (now average @ 1746)
yesbank/nifty/banknifty/tcs puts.

have a nice day ahead !
 

Raj232

Well-Known Member
this is a present snapshot of my monthly options strategy

its slightly negative delta ... it needs more upmove to be profitable and than downmove

ALREADY took about 7.5 K to the bank this month, so far
Super cool... but somehow both CE and PE are totalling as negative.. is it shorted or what.. unable to grasp whats the idea in this trade.. :)
Pls throw some light.. thanks !!
 

pannet1

Well-Known Member
Super cool... but somehow both CE and PE are totalling as negative.. is it shorted or what.. unable to grasp whats the idea in this trade.. :)
Pls throw some light.. thanks !!
-75 Qtys are short position

basically we start with short straddle and add twice the qty of long strangle.
then add just one call / put long depending on your bias.
take profit whenever you are comfortable and roll the strikes up and down.
this time, i tweaked a little bit .. so one less put to protect the downside because put premium was skyhigh beginning of this month.
 

Raj232

Well-Known Member
-75 Qtys are short position

basically we start with short straddle and add twice the qty of long strangle.
then add just one call / put long depending on your bias.
take profit whenever you are comfortable and roll the strikes up and down.
this time, i tweaked a little bit .. so one less put to protect the downside because put premium was skyhigh beginning of this month.
So U mean the 9100+ is profit even though it shows as negative ?
 

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