Sure Shot Futures & Options Calls

[Dev Mookerji]

Buy Nifty 2 Lots @ market rate 4780. T- 5100 SL : 4480 (Positional call. Have plan of averaging as per market direction.)

 

[trader.trends]

Buy Nifty 2 Lots @ market rate 4780. T- 5100 SL : 4480 (Positional call. Have plan of averaging as per market direction.)

Dev
If we follow the standard MM rules of 2% risk of capital, we need 15 lakhs to trade 2 lots of NF with SL of 300 points. Or we following a different MM rules for this trade??

 

[rkkarnani]

Dev
If we follow the standard MM rules of 2% risk of capital, we need 15 lakhs to trade 2 lots of NF with SL of 300 points. Or we following a different MM rules for this trade??

15 Lakhs!!!! or is it 1.5lakhs!!!
Do u mean to risk just 2% of ur capital for this trade!!!?? Seems okay!!

 

[rkkarnani]

Have bought 200 NF 5100 Call at 31.30

 

[Dev Mookerji]

Dev
If we follow the standard MM rules of 2% risk of capital, we need 15 lakhs to trade 2 lots of NF with SL of 300 points. Or we following a different MM rules for this trade??

littlebit different buddy.

 

[Dev Mookerji]

Have bought 200 NF 5100 Call at 31.30

Oh No !

Until told avoid options in the first week of month. Instead try mini Nifty.

 

[Dev Mookerji]

First week of option trading is profitable for writing/selling.....

 

[trader.trends]

little bit different buddy.

Dev
What would suggest as the capital req to trade this?

 

[rkkarnani]

Oh No !

Until told avoid options in the first week of month. Instead try mini Nifty.

Okay, have sold 4X50 Call options at 40.90
DId not have funds free to delve into Futures lot at the moment!!
Thanks for your guidance!!

 

[Dev Mookerji]

Dev
What would suggest as the capital req to trade this?

Check Post No 16

Well let us assume that our trading capital is 5 Lakhs. And we shall trade in FNO only. Trading period may be from intra-day to swing and up-to positional for few months. But mostly Swing.

WARNING : People having less than 3 Lakhs amount and new to FNO kindly avoid practical trading. It is requested to do only paper trading on recommendations in this thread.