Regular Income From Markets. Risk Free. Takes no Time

[jamit_05]

If SAR is hit... then instead of 5300 CE... I will simply short 5200CE... twice the premium... same risk.

 

[jamit_05]

SL hit... Today is the day when Daily Ema 15 beat Ema 200

 

[jamit_05]

Short Positions:

5100 PE units:100
5200 CE units:100
------------------
Both @ 175

5200 CE Units: 100 @ 59

100 NF @ 5109

Pending Action: Have shorted NF and covered downside. Now, need to short PE to cover upside movement.

 

[veeemkay]

What happened to this thread? I thought with come tweaking it would be a nice strategy. Amit bhai, are we giving up on this?

 

[pakatil]

What happened to this thread? I thought with come tweaking it would be a nice strategy. Amit bhai, are we giving up on this?

May be it is........

Irregular Income From Markets, Full of Risks, Takes Too much time.........

 

[hhh]

May be it is........

Irregular Income From Markets, Full of Risks, Takes Too much time.........

He just came with idea just seeing some numbers without proper plan, mm.
And just seeing the percentage return for couple of months. I wondered and laughed at some posts there doubling money in few months

 

[jamit_05]

Shorting Butterflies
--------------------------

Wing: SP 11000 CE 77.50
Body: SP 10900 @ Spot 10893 174 + 161 = 335
Wing: SP 10700 PE 97

Net Credit: 335 - 97 - 77.50 = 160

Expect to see it reduce to 130 in last two weeks.

 

[jamit_05]

Shorting Butterflies
--------------------------

Wing: SP 11000 CE 77.50
Body: SP 10900 @ Spot 10893 174 + 161 = 335
Wing: SP 10700 PE 97

Net Credit: 335 - 97 - 77.50 = 160

Expect to see it reduce to 130 in last two weeks.

Will Exit because Nifty has probably broken out of a long held trading range. And hence our profit will disappear if market keeps going upside. Therefore, shall book profit on this spread

Exit at:
Wing: SP 11000 CE 188
Body: SP 10900 @ Spot 10893 255+80 =
Wing: SP 10700 PE 42

Net Credit: 335 - 188 - 42 = 105
**Note how 335 is constant

New Spread: Buying a Butterfly, but without selling the CE wing, since I am bullish.

Buy CE 11100 128
Buy PE 11000 110
Sell 10800 58

Net Debit: 180

This spread, because I expect the price to trend, and close above 11100.
Pending action: As soon as price reaches 11300 I will sell ATM CE, and drastically bring down the cost of the spread.

CMP: 66 + 165 - 87 = 144
loss 36 points.

 

[jamit_05]

Holding a new Shorted Butterfly

BUY 11100 CE 66
Sell 10950 CE 132
Sell 10950 PE 141
BUY 10800 PE 87

132+141-66-87 = 120
Net Credit 120

This is direction neutral trade. As soon as the wing is touched, I will prefer exiting the trade, because I fear that the market may explode, one way or the other, after a long held trading range.

 

[jamit_05]

Placing a weekly Butterfly expiry 21st Feb

Buy 11100 CE 23
Sell 10900 CE PE 96 93 = 189
Buy 10700 PE 30

Net Credit = 136
Max loss = 64 points.
Exit when a wing is touched.

Expecting sharp time decay because the expiry is in 7 working days

CMP
Buy 11100 CE 15
Sell 10900 CE PE 78 96= 188
Buy 10700 PE 29

130