My Option Paper Trading Diary

#11
Nice ujjwalsaha,
Have u put any stoploss in terms of any points or % ?
I generally not putting any stoploss.
As my aim is to develop a strategy where I will take decision only 1 time in a day that is also at around 3.15-3.30 PM. Hence, There will be no intraday stoploss. Blackswan events and sudden trend reversal of big amount should be taken care of by position size and maximum risk.
but there will be profit taking order.
 
#12
As I think, The trend may be positive tomorrow
I bought 11000 CE Feb 2019 10L @ 163.
Total Investment = 75*10*163 +250 = 122500
Profit Target = Rs 10000
Hence Sell price target = 10000/750 + 163 = Rs. 186.3 ( Say 187)
So, I am giving an AMO sell order @187
 

OneThatGotAway

Well-Known Member
#13
Rule of profitable option is entry in Option must be of low price
buy price should always be bwt 30 to 60 never pay anything more and be in 400 points range
and atleast have 45 days to expire 60 days is even better :xD
and thats tukka logic
Best time to buy ce is when market has 100 to 250 day crash in single day that time aim 400 pts up :xD

and most important when money gets 50% half loss . Get out sell at market .
best to take half then to loose all at once.
 
#14
Rule of profitable option is entry in Option must be of low price
buy price should always be bwt 30 to 60 never pay anything more and be in 400 points range
and atleast have 45 days to expire 60 days is even better :xD
and thats tukka logic
Best time to buy ce is when market has 100 to 250 day crash in single day that time aim 400 pts up :xD

and most important when money gets 50% half loss . Get out sell at market .
best to take half then to loose all at once.
Thanks a lot for the suggestions. But what I have seen, If I buy current month contract and close to ATM, the price movement is high.
But, it is safer to buy 45 to 60 DTE option with low price, I admit but you have to be more patient
 
#15
Today My order should not be filled as the highest price was Rs.182. closing price Rs.170
As I still feel there may be some upside tomorrow.
Again I am giving the same AMO sell order @187
 
#16
My AMO order should be filled as the maximum price was 194
hence, In this trade I bought 11000 CE Feb @ 163 and sold @187
Profit = 24*750 - 500 = Rs. 17500
 
#18
As per me, The trend is still up.
Hence, I bought (On Paper) 20L 11000 CE Jan 2019 @ Rs.84
total investment = 84*75*20 +250 = 126250
Profit Target = Rs. 10,000
Hence, Sell price target = 84 + 10000/1500 = 90.7 (say 92)
so, I am giving an AMO sell order @ Rs 92
 
#19
As the highest price was 94.5.
Hence, It must have been sold
so, In this trade I bought 20 L 11000 CE Jan @84 and sold it @92
Profit = 8*20*75 - 500 = Rs 11500
 

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