OneThatGotAway Option Saturday Log

[OneThatGotAway]

sold call money went half bought
put 8500pe @ 50
sticking with diagram.....
i got scared and sold my put goz was gap lol on 29 july.. should have sticked to put

 

[OneThatGotAway]

sold 44
bought 8700Ce @ 56

 

[OneThatGotAway]

sold 72

now on last week of expiry

 

[OneThatGotAway]

bought 8700 Ce @36 lol
rate was too much attractive couldn;t resist to trade

sold 57

 

[OneThatGotAway]

Bought 8700 CE @ 22
leave it till last day of expiry

 

[mitersh1073]

i m beginner n know basics of option.

Any one justify below sentence in simple language?

"Sell one lot of Nifty August 8750 CE @ 25 and Sell one lot of Nifty August 8600 PE @ 27 | Cumulative Premium:52| SL: 80| Targets:4-6 | Max Profit:3900| Max Loss: Unlimited below Lower Break or above Upper Break Even | Upper Break Even: 8802 | Lower Break Even: 8548 |"

 

[Shikamaru]

Higher prices --> ITM for calls & OTM for Puts

Option Strike price

Lower prices --> ITM for Puts & OTM for Calls

OTM almost worthless on expire days

--------------------------------------------------------------------------

NF Aug at 9000 at expiry
8750 CE - Sold - ITM (Need buy back at higher price)
8600 PE - Sold - OTM (Consider Zero on Expiry)

NF Aug at 7000 at expiry
8750 CE - Sold - OTM (Consider Zero on Expiry)
8600 PE - Sold - ITM (Need buy back at higher price)

I hope, I explained correctly.. May some seniors will help you

 

[OneThatGotAway]

It;s best to paper trade option for 3 months then play in real market.
I have always made x200 % on paper trades but when i trade live lol it doesn;t work hehe
Trippled qty bought @ 18


yup higher the risk x200 times is the amount of winning
Selling option is risky Gaps can clean the account.
Buying option is risky gaps can clean account slowly.

lol option are like Alcohol we drink ourself but say no to others who want to drink.

Option are pure bet .Meaning your call will catch fire only if price goes above your strike
whatever money u use to buy option consider is as gone already

i bought @ 22
i saw price 30 i didn;t sell; I saw today 9 i didn;t sell;

Last day .... Everything or nothing

Options are sin and option is best Art to steal money off peoples ....

 

[nac]

lol option are like Alcohol we drink ourself but say no to others who want to drink.

bought @ 22
saw price 30 i didn;t sell; I saw today 9 i didn;t sell;

ditto..

200 %

It seemed possible, and thought of give it a try. I am not even half way to that target.

 

[OneThatGotAway]

sold all at 10

bought 8650 @28 call with same money

Lost all