Directional credit spread

#22
Now onwards I will do only Directional Credit spread

Capital Rs.1870175.00
Risk amount 20% Rs.374035.00
INVESTIBLE AMOUNT Rs.1496140.00

Trend UP
Max open int on PUT Side in AUG 17 Series at Strike 9700
AUG9700 56.30

INCOME PER SHARE 28.45
MAX LOSS PER SHARE 171.55
(200 - 28.45)
NO OF SHARES CAN BE TRADED(RISK AMT/MAX LOSS) 2180.33
LIMITING TO LOT SIZE 2175.00
ON 21/07/17
AUG9700 SELL 2175 56.30 122452.50
AUG9500 BUY 2175 27.85 -60573.75
INCOME 61878.75
TARGET (50%) 30939.00
MAX LOSS(200-28.45)*2175 373121.25
 
#24
TREND UP

REVERSAL ON 04/08/17
AUG9700 BUY 2175 19.00 -41325.00
AUG9500 SELL 2175 10.50 22837.50
-18487.50
RESULT 43391.25

MAX OPEN INT IN PUT MOVED TO 10000
HENCE I REPLACED 9700/9500 PUT WITH 9900/9700 PUT
BOOKED 43391.25 PROFIT


AUG9900 SELL 2175 42.95 93416.25
AUG9700 BUY 2175 19.00 -41325.00
52091.25
 
#25
I PLACED A STOP LOSS BUY FOR 2175 NIFTY FUTURE OF AUG EXPIRY.
WITH TRIGGER AT 9880. I WAS FILLED IN AT 9875.
I CLOSED THIS POSITION AT 9720.
MY HEDGE OF 9700 PUT WILL TAKEOVER ANY DOWNFALL BELOW 9700.
INCOME DERIVED ON THIS FUTURE TRADE
9875 - 9720 = 155 155 X2175= 337125
TOTAL INCOME
INITIAL 61878.75
REPLACEMENT OF PUT 52091.25
FUTURES TRADE 337125.00
TOTAL=451095.00
POSITIONAL VALUE AS ON 11.08.2017
AUG9900 BUY 2175 205.5 -446962.50
AUG9700 SELL 2175 105.8 230115.00
-216847.50
RESULT 234247.50

FUTURES TRADE WAS UNDERTAKEN TO REDUCE LOSS
WHIPSAW PREVENT FUTURES TRADE FROM GIVING DESIRED OUTCOME
 
#26
TOTAL INCOME
INITIAL 61878.75
REPLACEMENT OF PUT 52091.25
FUTURES TRADE 337125.00
TOTAL=451095.00
POSITIONAL VALUE AS ON 11.08.2017
AUG9900 BUY 2175 205.5 -446962.50
AUG9700 SELL 2175 105.8 230115.00
-216847.50
RESULT 234247.50
*** THIS CALCULATION IS CORRECTED HERE ***

TOTAL INCOME
INITIAL 61878.75
REPLACEMENT OF PUT 33603.75
FUTURES TRADE 337125.00
432607.50
POSITIONAL VALUE AS ON 11.08.2017
AUG9900 BUY 2175 205.5 -446962.50
AUG9700 SELL 2175 105.8 230115.00
-216847.50
RESULT 215760.00
 
#28
POSITIONAL VALUE AS ON 24.08.2017

AUG9900 BUY 2175 57.50 -125062.50
AUG9700 SELL 2175 11.85 25773.75
-99288.75
RESULT 333318.75

TOTAL INCOME 432607.5
POSITIONAL VALUE 99288.75
PROFIT 333318.75

CAPITAL 1870175.00
ADD :pROFIT 333318.75
TOTAL 2203493.75
 
#29
CAPITAL 2203494
RISK AMOUNT 10% 220349
INVESTIBLE AMOUNT 1983145

AS NIFTY DID NOT BREACH 9700 UPTREND IS MAINTAINED

MAX OPEN INT FOR PUT IS FOR STRIKE 9700
PUT 9700 67.95
HEDGE 9600 48.60
INCOME:(A-B) 19.35
MAX LOSS (100-INCOME) 80.65
TRADEABLE POSITIONS(RISK AMT/MAX LOSS) 36

OPENED POSITION AS BELOW
SEP9700PUT SELL 2700 67.95 183465.00
SEP9600PUT BUY 2700 48.60 -131220.00
52245.00
TARGET 50% 26100.00
 
#30
AS ON 01.09.17 POSITIONAL VALUE
SEP9700PUT BUY 2700 35.25 -95175.00
SEP9600PUT SELL 2700 23.70 63990.00
-31185.00
INCOME 52245.00
POSITIONAL VALUE -31185.00
PROFIT Rs.21060.00
 

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