From Today I will start this diary to record my paper trading in option.
As I feel, today the trend of the market have changed from bullish to bearish,
I buy 10 Lot 10700 PE January 2019 for Rs. 137 (ON PAPER not ACTUAL)
Investment = 137*75*10 = Rs. 1,02,750 +Rs. 250 (brockerage Approx. ) = Rs 1,03,000
Profit Target = Rs 10,000
Hence, Sell Target = 10000/750 + 137 = Rs. 150.3 to cater the cost Fix the Sell Target = Rs. 152
So, I am giving an AMO sell order at Rs. 152.
As I feel, today the trend of the market have changed from bullish to bearish,
I buy 10 Lot 10700 PE January 2019 for Rs. 137 (ON PAPER not ACTUAL)
Investment = 137*75*10 = Rs. 1,02,750 +Rs. 250 (brockerage Approx. ) = Rs 1,03,000
Profit Target = Rs 10,000
Hence, Sell Target = 10000/750 + 137 = Rs. 150.3 to cater the cost Fix the Sell Target = Rs. 152
So, I am giving an AMO sell order at Rs. 152.