Trading Diary with calls

[msa5678]

Hi Vish,

If I want to go for LIC Call !
Which strike rate should I go
for ? Current Spot is 213.4 .

 

[vishnu.]

Hi Vish,

If I want to go for LIC Call !
Which strike rate should I go
for ? Current Spot is 213.4 .

am nt an expert in options. there is so many to calculate. alpha, delta etc. but right choice is 210 ce. but price is 6.15. expiry nearing. so if am taking i wil only take 220 ce with price 1.50 so that our risk amount is less. as far as lic considered it is a vigoruous mover and so 220 wil be better in case of risk Vs reward. but it wil start to move well only after lic crossing 218

 

[vishnu.]

itc resulta out. in line with expectations. so no big movement. wht to do nw. total premium now 1.60 only:annoyed:

 

[vishnu.]

itc when fell kuch nahi kiya. put when came 2.40 dekhthe hi reh gaya. both holding now:annoyed::annoyed:

 

[vishnu.]

changed mind. also bought ITC 180 pe at 1.35. so both 200 ce and 180 pe holding. expecting 8-10 Rs move in it aftre results. kya hoga...?

total premium 2.6. 5200 Rs

7 Rs movement aaya. from 190 to 183. but.....kuch nahi kiya meine:argue:

 

[TraderRavi]

7 Rs movement aaya. from 190 to 183. but.....kuch nahi kiya meine:argue:

BUT YEH SAALE CALL/ PUT JYADA HILE HI NAHIN...............

mein bhi nikal hi nahin paya...4 - 500 toh mil hi jaate ulta 900 chale gaye......

 

[vishnu.]

BUT YEH SAALE CALL/ PUT JYADA HILE HI NAHIN...............

mein bhi nikal hi nahin paya...4 - 500 toh mil hi jaate ulta 900 chale gaye......

ravi they wil only move it ITC nearing strike price. see the 190 ce and pe. big movement. like so. but we took OTM options. risk is smal only na. bt stil if nifty falls or steady on monday i feel ITC may cme down. dont know. let see on monday. but i have good oportunity to exit both in profit. i hadn't used. waited for big ones. seems saala poora paisa leike jaayega

 

[vishnu.]

sgx 50 points down. today EGOM meeting for diesel price hike. will they act or post pond meeting? expiry also nearing. wil trade less till expiry. All profits made in the fist half of month am loosing in the second half. because of option premium eroding. now wil nt do the mistake. option selling is good idea. but with this smal capital i wil nt do that. today wil do some small trades . thats all

 

[timepass]

and some oil marketing company, I think IOC, said that they need another petrol price hike of Rs. 5.50 because they are still making a loss of rs. 4.6 per litre !!!

 

[vishnu.]

and some oil marketing company, I think IOC, said that they need another petrol price hike of Rs. 5.50 because they are still making a loss of rs. 4.6 per litre !!!

now no chance to increase more. just waiting idle for update in EGom meeting. wil nt take risk. after announcement wil bet big