option scalping trading diary.

[Option Seller]

Investment = 550000
Profit / Loss = + 32983
R O I = + 6.00 %

Cumulative R O I = + 17.25 %

comment- profit is big because i am risking 5% per day so quantity increased as per risk. sold some ce at start then added ce short position as banknifty was falling. banknifty started recovering so sold some pe ,market was going up so added pe short position. at one point short ce was in loss so booked it and kept existing short pe and added again. trailed profit till end.

 

[jyotixxx]

Investment = 550000
Profit / Loss = + 2930
R O I = + 0.53 %

Cumulative R O I = + 9.25 %

comment- i am starting trading carry forward option selling with hedging. so i can expect 3% on carry forward position. when i needed margin i will square off and get margin for intraday.

View attachment 39347

Can you please give us some example, how do you hedge your positions? A lot to learn from your. Thanks in advanc.

 

[Option Seller]

Can you please give us some example, how do you hedge your positions? A lot to learn from your. Thanks in advanc.

i sell ce if banknifty is falling i sell pe if banknifty starts recovering. i repeat the process several time. i exit my position when my ce or pe position is in max % loss. i keep profit position and trail the profit. option selling is complicated. i may change the rules as per trading conditions. sometimes i take directional view trades also.

 

[Option Seller]

Investment = 550000
Profit / Loss = + 13631
R O I = + 2.48 %

Cumulative R O I = + 19.73 %

 

[moneymanager1980]

Investment = 550000
Profit / Loss = + 32983
R O I = + 6.00 %

Cumulative R O I = + 17.25 %

comment- profit is big because i am risking 5% per day so quantity increased as per risk. sold some ce at start then added ce short position as banknifty was falling. banknifty started recovering so sold some pe ,market was going up so added pe short position. at one point short ce was in loss so booked it and kept existing short pe and added again. trailed profit till end.

View attachment 39382

at one point short ce was in loss so booked it and kept existing short pe and added again. trailed profit till end.

what u will do after exiting ce in loss if market turns down ? u r pe too will also became negative ..
not a correct way of trading .. one mkt catch u ..

 

[VJAY]

i trade on cloud server if my capital drops below 2% automatically all positions square off and no new orders
executes on server. no sl on a trade but on capital there is 2% stop loss.

i trade every day so i dont record days traded .

Dear Option Seller ,
Can you please share procedures for how we can use cloud server in our trading...

 

[Option Seller]

at one point short ce was in loss so booked it and kept existing short pe and added again. trailed profit till end.

what u will do after exiting ce in loss if market turns down ? u r pe too will also became negative ..
not a correct way of trading .. one mkt catch u ..

in this scenario I exit pe also in loss. This happened many times before. If my daily max loss limit is not reached then I will take next trade and if my max limit reached I won’t trade again that day.

 

[Option Seller]

Dear Option Seller ,
Can you please share procedures for how we can use cloud server in our trading...

I was using cloud server when my broker was upstox. In upstox there is API for auto trading I was using it on virtual server. In angel I trade manually and exit my position when my max loss per day hits or put stop loss in system.

 

[Option Seller]

Investment = 550000
Profit / Loss = - 1931
R O I = - 0.35 %

Cumulative R O I = + 19.38 %

 

[moneymanager1980]

Investment = 550000
Profit / Loss = - 1931
R O I = - 0.35 %

Cumulative R O I = + 19.38 %

View attachment 39470

since u r using angle i wish to clarify some doubts.. recently re active my old account and did few trades
1. when i used robo there error is
Fresh/SqOff Buy order in {8192}/COMMON product not allowed in CRP for xxxxxx
2. yesterday bought stock option at for the money i had in that account. this morning saw a msg from angle saying i need to pay some amount ..almost 4 times of option price i bought else penalty .
please guide at your free times .