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Alchemist's ADD strategy - experiment on Nifty Options |
Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #16 Posted: Mon Jan 04, 2016 9:18 am Post subject: |
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Alchemist wrote: | Trade 8
31st Dec : Jan series 7900 CE at 132 SL 123 (9 point risk)
Same day 5 lots booked at 141 (50% rule). profit 375 x 9 = Rs 3,375
Rest 5 lots still held currently trading at 162 however not booked as trailing SL not hit yet.
Capital at close of Dec 2015 on realised profit basis = 1,94,575 + 3,375 = 1,97, 950
Cheers
SH |
Option gap down opens at 138 and hits trailing SL hence 5 lots booked at 138 (6 points profit). 375 x 6 = 2250
Capital 1,97,950 + 2250 = 2,00,200
Trade 8 closed.
Cheers
SH |
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simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
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Post: #17 Posted: Mon Jan 04, 2016 11:04 am Post subject: |
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SH,
5/200 bearish crossover happened in bnf. Can this be replicated in bnf options? |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #18 Posted: Mon Jan 04, 2016 12:18 pm Post subject: |
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simply.index wrote: | SH,
5/200 bearish crossover happened in bnf. Can this be replicated in bnf options? |
Hi SI,
Yorker is a different strategy and I have never traded options for Yorker for 2 reasons:
1. First of all I don't know the SL for Yorker when I enter the trade and second
2. the SLs are usually much larger than ADDs
I am not saying using options would not be profitable, I am just saying I have never tried it as futures are more suited for Yorker.
Cheers
SH |
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simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
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Post: #19 Posted: Mon Jan 04, 2016 1:33 pm Post subject: |
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Hi SI,
Yorker is a different strategy and I have never traded options for Yorker for 2 reasons:
1. First of all I don't know the SL for Yorker when I enter the trade and second
2. the SLs are usually much larger than ADDs
I am not saying using options would not be profitable, I am just saying I have never tried it as futures are more suited for Yorker.
Cheers
SH[/quote]
Thanks SH. |
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grshnehete White Belt
Joined: 15 Sep 2015 Posts: 69
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Post: #20 Posted: Mon Jan 04, 2016 2:45 pm Post subject: |
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Alchemist wrote: | Alchemist wrote: | Trade 8
31st Dec : Jan series 7900 CE at 132 SL 123 (9 point risk)
Same day 5 lots booked at 141 (50% rule). profit 375 x 9 = Rs 3,375
Rest 5 lots still held currently trading at 162 however not booked as trailing SL not hit yet.
Capital at close of Dec 2015 on realised profit basis = 1,94,575 + 3,375 = 1,97, 950
Cheers
SH |
Option gap down opens at 138 and hits trailing SL hence 5 lots booked at 138 (6 points profit). 375 x 6 = 2250
Capital 1,97,950 + 2250 = 2,00,200
Trade 8 closed.
Cheers
SH |
When will we get the strategy
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #21 Posted: Tue Jan 05, 2016 9:33 am Post subject: |
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Trade 9
Bought 7900 PE bought at 165 SL 151
Cheers
SH |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #22 Posted: Tue Jan 05, 2016 11:02 am Post subject: |
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Alchemist wrote: | Trade 9
Bought 7900 PE bought at 165 SL 151
Cheers
SH |
7900 PE now at 180 .... book 50% and hold rest.
Cheers
SH |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #23 Posted: Wed Jan 06, 2016 9:33 am Post subject: |
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Alchemist wrote: | Alchemist wrote: | Trade 9
Bought 7900 PE bought at 165 SL 151
Cheers
SH |
7900 PE now at 180 .... book 50% and hold rest.
Cheers
SH |
I have put trailing SL of 178 now on rest 5 lots 7900 PE as it has made 198 high already.
Profit on first 5 lots 15 x 375 = 5625 already booked.
Cheers
SH |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #24 Posted: Wed Jan 06, 2016 10:28 am Post subject: |
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Alchemist wrote: | Alchemist wrote: | Alchemist wrote: | Trade 9
Bought 7900 PE bought at 165 SL 151
Cheers
SH |
7900 PE now at 180 .... book 50% and hold rest.
Cheers
SH |
I have put trailing SL of 178 now on rest 5 lots 7900 PE as it has made 198 high already.
Profit on first 5 lots 15 x 375 = 5625 already booked.
Cheers
SH |
trailing SL 178 hit for 5 lots hence 13 x 375 = 4875 profit also booked.
Total profit in trade 9 = 5625 + 4875 = 10,500
Capital now 2,00,200 + 10,500 = 2,10,700
Cheers
SH |
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jdpt Yellow Belt
Joined: 25 Jun 2012 Posts: 806
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Post: #25 Posted: Wed Jan 06, 2016 10:33 am Post subject: |
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Alchemist wrote: | Alchemist wrote: | Alchemist wrote: | Alchemist wrote: | Trade 9
Bought 7900 PE bought at 165 SL 151
Cheers
SH |
7900 PE now at 180 .... book 50% and hold rest.
Cheers
SH |
I have put trailing SL of 178 now on rest 5 lots 7900 PE as it has made 198 high already.
Profit on first 5 lots 15 x 375 = 5625 already booked.
Cheers
SH |
trailing SL 178 hit for 5 lots hence 13 x 375 = 4875 profit also booked.
Total profit in trade 9 = 5625 + 4875 = 10,500
Capital now 2,00,200 + 10,500 = 2,10,700
Cheers
SH |
Alcheee |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #26 Posted: Wed Jan 06, 2016 1:56 pm Post subject: |
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Trade 10
Bought 7800 PE at 122 SL 106
Cheers
SH |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #27 Posted: Wed Jan 06, 2016 1:59 pm Post subject: |
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Alchemist wrote: | Trade 10
Bought 7800 PE at 122 SL 106
Cheers
SH |
5 lots booked at 140 .... rest 5 lots holding ....
Cheers
SH |
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simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
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Post: #28 Posted: Wed Jan 06, 2016 2:24 pm Post subject: |
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5 lots booked at 140 .... rest 5 lots holding ....
Cheers
SH[/quote]
Dear SH,
Hats off to you for the pin point accuracy in entry. Also for the clear and well defined exit. Look forward to the ADD strategy, if and when you feel to share it.
SI |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #29 Posted: Wed Jan 06, 2016 4:22 pm Post subject: |
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Alchemist wrote: | Alchemist wrote: | Trade 10
Bought 7800 PE at 122 SL 106
Cheers
SH |
5 lots booked at 140 .... rest 5 lots holding ....
Cheers
SH |
Profit on 5 lots 18 x 375 = 6750
Capital now 210700 + 6750 = 2,17,450
Cheers
SH |
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #30 Posted: Thu Jan 07, 2016 9:19 am Post subject: |
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Alchemist wrote: | Alchemist wrote: | Alchemist wrote: | Trade 10
Bought 7800 PE at 122 SL 106
Cheers
SH |
5 lots booked at 140 .... rest 5 lots holding ....
Cheers
SH |
Profit on 5 lots 18 x 375 = 6750
Capital now 210700 + 6750 = 2,17,450
Cheers
SH |
Booked rest 5 lots at 201 ... profit of 79 x 375 = 29625
Capital now 2,17,450 + 29,625 = 2,47,075
Cheers
SH |
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