SH's MArket Correction Prediction Strategy

[Tradewithhunter]

Bought some 5700 calls next month series.

Cheers
SH

Booked now at 158 ......

Had bought them at 111 so almost a 50% return on investment. :thumb:

Cheers
SH

 

[hrdksni]

:thumb:

Its amazing to find people who share there concepts so openly and freely and this I trust happens only on Traderji.
A small clarification would be in order:
In your above write up, is it the 'weekly EMA whereever the time frame for reversion to mean is in 'weeks?!!!

:clap:

 

[VJAY]

Booked now at 158 ......

Had bought them at 111 so almost a 50% return on investment. :thumb:

Cheers
SH

me too @ 68 which bought @39 but it's current month ...

 

[Piuvbn]

Done it thanks a lot.

 

[Piuvbn]

If you using 20.2 BB then add 20 MA to it.....you can view middle line....

Vijayji Done it, thanks a ton. Best regards. PR

 

[sprintravi75]

Vijayji Done it, thanks a ton. Best regards. PR

hiii


Dear SH thanks a lot. i traded with straddle of 5500PE & 5800CE pair costed Rs. 143. CLOSED the trade with the profit of Rs. 5200/-.

Thanks once again.

Regards
Ravi

 

[Nehal_s143]

This was first time hence just traded 1 lot,

Bought on 25.03.11 when fut touched 5640.3

5800 Call (March) 1 lot @ 4.65
5400 Put (March) 1 lot @ 5.35
Total cost 10

exited today( 30.03.11) when spot touched 5800

5800 Call (March) 1 lot @ 36
5400 Put (March) 1 lot @ 01
Total cost 37

Return 270% in 5 days :clap::clapping:

All credit goes to SH sir:thumb:

Next time will trade with 10 lots minimum

Booked now at 158 ......

Had bought them at 111 so almost a 50% return on investment. :thumb:

Cheers
SH

 

[gsn57iaf]

Good strategy.

 

[Tradewithhunter]

This was first time hence just traded 1 lot,

Bought on 25.03.11 when fut touched 5640.3

5800 Call (March) 1 lot @ 4.65
5400 Put (March) 1 lot @ 5.35
Total cost 10

exited today( 30.03.11) when spot touched 5800

5800 Call (March) 1 lot @ 36
5400 Put (March) 1 lot @ 01
Total cost 37

Return 270% in 5 days :clap::clapping:

All credit goes to SH sir:thumb:

Next time will trade with 10 lots minimum

Dear Nehal - I would say you were lucky this time ..... buying options in the last week of expiry that too so much OTM is nothing but totally worth discouragement from me.....this is because it can sometimes take a week for Nifty to run away from the 100 EMA which would render your options worthless. Please don't do that again or you will burn your fingers and the 10 lots you plan to buy

Always go for next months options in such scenarios.

Cheers
SH

 

[columbus]

Dear Nehal - I would say you were lucky this time ..... buying options in the last week of expiry that too so much OTM is nothing but totally worth discouragement from me.....this is because it can sometimes take a week for Nifty to run away from the 100 EMA which would render your options worthless. Please don't do that again or you will burn your fingers and the 10 lots you plan to buy

Always go for next months options in such scenarios.

Cheers
SH

I agree with SH.I read somewhere in Traderji,It is always good to trade OPTIONS
after FIRST week but before Expiry WEEK,always.