Nifty Options Vertical Spread Trading

[ananths]

Can't see any stop for market fall now...so let us go with the trend.
Today will do bear put spread...
Buy 5400PE & Sell 5300PE :thumb:

 

[ananths]

Can't see any stop for market fall now...so let us go with the trend.
Today will do bear put spread...
Buy 5400PE & Sell 5300PE :thumb:

I'm holding this position today.though its in loss....my SL is 5430 levels. Let us see how it works tomorrow.

 

[ananths]

I'm holding this position today.though its in loss....my SL is 5430 levels. Let us see how it works tomorrow.

Covered this position with a loss!...:annoyed:

 

[ananths]

Yesterday about 100 points gap down..and closing recovered all that
Today about 100 points gap up..and its in RED now...huh very volatile NIFTY.

Lost some of my profit for this month....

Learning - When in good profit for the month..dont over trade ! :thumb:

Market is going down for sure..but will wait for the next opportunity

 

[ananths]

Just posting Rupee fall and its analysis...good reading

http://www.firstpost.com/economy/rupee-at-64-not-foreign-but-a-swadeshi-crisis-1049877.html

http://www.firstpost.com/business/w...-burn-while-exporters-make-merry-1048735.html

http://www.firstpost.com/business/i...-blames-govt-for-economic-crisis-1049075.html

Have a look at these articles..its interesting !

 

[ananths]

Going for Credit spread today,

Sell 1 lot 5200PE & Buy 1 lot 5100PE. (Bullish Put Spread)

 

[ananths]

Going for Credit spread today,

Sell 1 lot 5200PE & Buy 1 lot 5100PE. (Bullish Put Spread)

Nifty is volatile..covered this position...

 

[ananths]

I bought 5400CE at 5362 levels with the intention of adding a short leg (5500CE) later..but it was in good profit. So profit booked.:thumb:

 

[ananths]

NIFTY formed a small triangle at the High today..I'm not a experienced TA..so not sure. But it has broken in the down side.
So going with bear put spread 5300 / 5200 at 5365 levels. SL today's high.

 

[ananths]

@Narahari(Pakatil) sir,

Thanks for calling me today and discussing about the spread for Sept.
As you said buying a pair with 20 points price difference makes sense..which is perfect RR ratio..
I will also consider the same for this month and would want to limit the number of trades.
buy 5300PE @ 92 and sell 5200PE @ 70
Max loss = 20 and max profit = 80...i.e 1:4 RR.
Let us see how it opens on Monday.

Thank You! :thumb: