Option Writing - Derivatives - Indices

Raj232

Well-Known Member
The 28500 CE was one of the higher priced contracts being in the money this week, but who knew that it would end up at zero..
1564679799895.png

Today it closed at "ZERO" value !!
Those who were holding options overnight were mostly Banknifty 28800 ce and above !!!

However basic Moving Average indicators did not give any buy signal today.
Below is Moving Average envelope (20,3) .. MA ENV .. only showed selling ... !!
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Raj232

Well-Known Member
STT on option in securities on difference between strike & settlement price
As per the existing provisions section 99 of the Finance (No.2) Act, 2004, the value of taxable securities transaction in respect of sale of an option in securities, where option is exercised, shall be, the settlement price.

In order to rationalise the levy of STT where the option is exercised, it is proposed to amend the said section so as to provide that value of taxable securities transaction in respect of sale of an option in securities, where option is exercised, shall be the difference between the strike price and the settlement price.

This amendment will take effect from 1st September, 2019.
taxguru.in/income-tax/stt-option-securities-difference-between-strike-settlement-price.html
 

Raj232

Well-Known Member
From option writing are you back to look for buying opportunity in options
No trading Bro.. since about a month... but still keeping track..
Even if I start with writing options, we should not miss the multibagger days of buying options ;)
 

Raj232

Well-Known Member
Argentina's Merval stock market index fallen >30 percent on Monday, with financials and energy stocks among the worst performers due to elections. President Mauricio Macri was defeated in Sunday’s primary election by a wider-than-expected 15.5 percentage points.

1565634315609.png
 

jyotixxx

Well-Known Member
Argentina's Merval stock market index fallen >30 percent on Monday, with financials and energy stocks among the worst performers due to elections. President Mauricio Macri was defeated in Sunday’s primary election by a wider-than-expected 15.5 percentage points.

View attachment 37041
If you zoom into 5 min chart, you can see that intraday traders were not trapped. Firstly, there was a gap down open of 15000 points down and gradual slippage there after.
 

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