Stock future positional trading ideas
- Thread starter Tradewithhunter
- Start date
SAIL futures getting support at around 79 levels since last 2-3 days ...this is also 200 EMA zone for it...so booked 50% profit at 79.20 this morning (Rs 7800 profit). Rest 50% holding....
L&T still trading weak and underperforming the market (hit low of 1502) so continue to hold.
JUSTDIAL already booked out on Friday with handsome profits.
Nifty oversold on shorter term timeframes but overall trend is still down. Starting to sell 8200 calls of Jan series now currently trading at 221.
Cheers
SH
L&T still trading weak and underperforming the market (hit low of 1502) so continue to hold.
JUSTDIAL already booked out on Friday with handsome profits.
Nifty oversold on shorter term timeframes but overall trend is still down. Starting to sell 8200 calls of Jan series now currently trading at 221.
Cheers
SH
Another good day today with all positions closing in M2M profit.
It has been around 20 days now since I have been tracking by stock futures trades here (not nifty as they are separate) and the trades have given given around Rs 76000 profit till now (already booked). However if I add the M2M profits, the profit is actually more than 1.25 lakhs till now.
Trades closed till now (including partial bookings)
1. Hindalco (full profits booked)
2. IOC (full loss booked)
3. HDIL (full profits booked)
4. JUSTDIAL (full profits booked)
5. JSWSTEEL (partial profits booked)
6. L&T (partial profits booked)
7. SAIL (partial profits booked)
8. WIPRO (partial profits booked)
Current position of all open trades:
1. JSWSTEEL shorted at 1209, LTP today at 1099.50 (M2M profit 27500). Partial profit has already been booked on 50% at 1174 and rest is being held hedged with a call option to make the rest of 50% position absolutely risk free.
2. L&T shorted at 1594, LTP today at 1512 (M2M profit 20500). Partial profit has already been booked on 50% at 1523 and rest is being held hedged with a call option to make the rest of 50% position absolutely risk free.
3. SAIL shorted at 81.10 LTP today at 78.70 (M2M profit 9600). Partial profit has already been booked on 50% at 79.20 and rest held.
4. ACC 1460 CE shorted at 15, LTP today at 15 (M2M no P&L). Nice things about this trade was that it was a low conviction trade and hence I chose to sell calls instead of opening naked shorts in futures. ACC futures have gone up 15 points however the option price hasnt moved up yet (beauty of time decay).
5. Bajaj Auto 2600 CE shorted at 43, LTP today 14.40 (M2M profit 3600).
6. WIPRO Dec future shorted at 556, LTP today 543 (M2M profit 6500). Partial profit has already been booked on 50% at 535 and rest is being held.
7. DRREDDY 3400 PE shorted at 63, LTP today 65 (M2M loss 250). Nice things about this trade was that it was a low conviction trade and hence I chose to sell puts instead of opening naked longs in futures. DRREDDY futures have gone down by 20 odd points however the option price has moved up by only 2 points (beauty of time decay).
8. LUPIN Dec Fut bought at 1453, LTP today 1453 (M2M no P&L)
9. PFC Dec Fut sold at 280.60, LTP today 280.25 (M2M profit 350)
Cheers
SH
It has been around 20 days now since I have been tracking by stock futures trades here (not nifty as they are separate) and the trades have given given around Rs 76000 profit till now (already booked). However if I add the M2M profits, the profit is actually more than 1.25 lakhs till now.
Trades closed till now (including partial bookings)
1. Hindalco (full profits booked)
2. IOC (full loss booked)
3. HDIL (full profits booked)
4. JUSTDIAL (full profits booked)
5. JSWSTEEL (partial profits booked)
6. L&T (partial profits booked)
7. SAIL (partial profits booked)
8. WIPRO (partial profits booked)
Current position of all open trades:
1. JSWSTEEL shorted at 1209, LTP today at 1099.50 (M2M profit 27500). Partial profit has already been booked on 50% at 1174 and rest is being held hedged with a call option to make the rest of 50% position absolutely risk free.
2. L&T shorted at 1594, LTP today at 1512 (M2M profit 20500). Partial profit has already been booked on 50% at 1523 and rest is being held hedged with a call option to make the rest of 50% position absolutely risk free.
3. SAIL shorted at 81.10 LTP today at 78.70 (M2M profit 9600). Partial profit has already been booked on 50% at 79.20 and rest held.
4. ACC 1460 CE shorted at 15, LTP today at 15 (M2M no P&L). Nice things about this trade was that it was a low conviction trade and hence I chose to sell calls instead of opening naked shorts in futures. ACC futures have gone up 15 points however the option price hasnt moved up yet (beauty of time decay).
5. Bajaj Auto 2600 CE shorted at 43, LTP today 14.40 (M2M profit 3600).
6. WIPRO Dec future shorted at 556, LTP today 543 (M2M profit 6500). Partial profit has already been booked on 50% at 535 and rest is being held.
7. DRREDDY 3400 PE shorted at 63, LTP today 65 (M2M loss 250). Nice things about this trade was that it was a low conviction trade and hence I chose to sell puts instead of opening naked longs in futures. DRREDDY futures have gone down by 20 odd points however the option price has moved up by only 2 points (beauty of time decay).
8. LUPIN Dec Fut bought at 1453, LTP today 1453 (M2M no P&L)
9. PFC Dec Fut sold at 280.60, LTP today 280.25 (M2M profit 350)
Cheers
SH
DRREDDY gave sell signal at close yesterday so exited shorted puts today at 108 (booked loss of 5625). Would open shorts in it on any intraday rally.
ACC shorted calls booked 50% today at 4.80 (booked profit Rs 2600). Rest holding until expiry.
Bajaj Auto 2600 CE booked 50% at 14 (booked profit Rs 3600).
All of the above were low conviction trades hence I had shorted naked options instead of naked futures.
Cheers
SH
ACC shorted calls booked 50% today at 4.80 (booked profit Rs 2600). Rest holding until expiry.
Bajaj Auto 2600 CE booked 50% at 14 (booked profit Rs 3600).
All of the above were low conviction trades hence I had shorted naked options instead of naked futures.
Cheers
SH
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