Paper Trading Nifty Options Pair Sell

Gaur_Krishna

Well-Known Member
#2
For December Series
Sold 1 Lot 8500 call : 117/-
Sold 1 Lot 8500 put : 100/-
Margin locked : Rs. 30, 890/- (Use Span calculators at brokers site)
Premium received : 217 NF points
Position is safe till : 8717 - 8283

Lets see where it goes after 100 pts move in NF on either side

Holding fearlessly and without any tension of GAP as the position is virtual :)
 

Gaur_Krishna

Well-Known Member
#3
Unexpected 100 points move in first one hour, nice case study
8500 PE Open at : 84
8500 CE Open at : 145
Total at open: 229

Current values at 10.15 am: PE@57 & CE@191 and thus total = 248

As of now total loss of : 31 NF points

Need to decide about the exit and restructuring. Will work out EOD ...
 

Gaur_Krishna

Well-Known Member
#4
After lots of research and discussing with many seniors, I have come to conclusions that:
1. Options selling is not easy
2. It early stage of trading, better focus on trend following strategies with futures

I am requesting moderator/admin to close & delete this thread

CLose because i have nothing to add and delete because , dont want to guide newbies in wrong direction

Thanks & regards,
Gaur_krishna
 

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