iCharts Discussions

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

Nifty May strategy ( CALLS)

further adjustments made yesterday and today

Exited 9400 CE both lots at 11 and sold 9350 CE 2 lots at 30
Exited 9400 PE both lots at 27 today and sold 9350 PE 2 lots at 9
Exited 9350 CE at 50 today and sold 9400 CE at 22 instead
Exited 9350 PE at 4 and sold 9400 PE at 16 again

Positions open currently

Sold 2 lots 9400 CE at 22
Sold 2 lots 9400 PE at 16

Positions booked till now
Sold 9300 CE at 113, exited at 127 = 14 points loss
Sold 9400 CE at 62, exited at 48 = 14 points profit
Sold 9500 CE at 33, exited at 19 = 14 points profit
Sold 9250 CE at 121, exited at 150 = 29 points loss
Sold 9350 CE at 69, exited at 100 = 31 points loss
sold 9400 CE at 72, exited at 48 = 24 points profit
Sold 9300 PE at 63, exited at 41 = 22 points profit
Sold 9300 CE at 118, exited at 180 = 62 points loss
Sold 9400 PE at 74, exited at 53 = 21 points profit
Sold 9300 CE at 99, exited at 220 = 121 points loss
Sold 9450 PE at 72, exited at 33 = 39 points profit
Sold 9500 PE at 51, exited at 81 = 30 points loss
Bought 9000 CE at 344, exited at 481 = 137 points profit
Sold 9450 CE at 92, exited at 32 = 60 points profit
Sold 2 lots 9500 PE at 56, exited at 107 = 51 x 2 = 102 points loss
Sold 2 lots 9350 PE at 35, exited at 13 = 46 points profit
Sold 2 lots 9500 PE at 48, exited at 108 = 120 points loss
Sold 9450 CE at 70, exited at 17 = 53 points profit
Sold 9400 CE at 57, exited at 11 = 46 points profit
Sold 9400 CE at 36, exited at 11 = 25 points profit
Sold 2 lots 9400 PE at 44, exited at 27 = 34 points profit
Sold 2 lots 9350 CE at 30, exited at 50 = 40 points loss
Sold 2 lots 9350 PE at 9, booked at 4 = 10 points profit

Total profit/loss booked till now = 4 points loss

Cheers
SH

anusantosh · White Belt Joined: 19 Jun 2011 Posts: 105

Tired?!

amitagg · Black Belt Joined: 01 Oct 2013 Posts: 4559

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

BNF strategy opened for June

This position was opened on 29th May

Bought 23500 PE (June) at 476
Sold 23000PE at 267
Sold 23100 PE (1st June) at 81
Sold 22500 PE (June) at 172

Still holding these positions as of today.

Cheers
SH

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

BNF strategy opened for June

Some adjustments made today

Exited 23100 PE at 29 and sold 23000 PE (8 JUN) at 100
Exited 23000 PE (8 JUN) at 71 and sold 23200 PE (8 JUN) at 117

Positions open currently
Bought 23500 PE at 476
Sold 23000PE at 267
Sold 22500 PE at 172
Sold 23200 PE (8 JUN) at 117

Positions closed till now
Sold 23100 PE (1st June) at 81, exited at 29 = 52 points profit
Sold 23000 PE (8 JUN) at 100, exited at 71 = 29 points profit

Total profit booked till now : 81 points profit

Cheers
SH

shyampandit · White Belt Joined: 04 Jan 2009 Posts: 2

Would be great if you could update us on how the Nifty May puts and calls worked out. Looks like would have been a tough expiry day for the method..

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

NIFTY May strategy (PUTS)

9600 PE was exited at 162 and 9400 PE both lots expired worthless.

Positions booked till now

9400 PE sold at 111, exited at 122 = 11 points loss
9350PE sold at 89, exited at 96 = 7 points loss
9300 PE sold at 76, exited at 18 = 58 points profit
Sold 1 lots 9300 PE at 76, exited at 8 = 68 points profit
Sold 1 lot 9450 PE at 61, exited at 30 = 31 points profit
Sold 1 lot 9400 PE at 41, exited at 19 = 22 points profit
Sold 2 lots 9500 PE at 50, exited at 91 = 82 points loss
9600 PE bought at 244, exited at 162 = 82 points loss
Sold 9400PE 2 lots at 27, exited at 0 = 54 points profit

Total P&L booked = 51 points profit

Cheers
SH

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

Nifty May strategy ( CALLS)

further adjustments made on 25th May as follows

Exited 9400 PE both lots at 27 and sold 9350 PE at 2 lots at 9 which expired worthless
Exited 9400 CE at 21

Positions booked till now
Sold 9300 CE at 113, exited at 127 = 14 points loss
Sold 9400 CE at 62, exited at 48 = 14 points profit
Sold 9500 CE at 33, exited at 19 = 14 points profit
Sold 9250 CE at 121, exited at 150 = 29 points loss
Sold 9350 CE at 69, exited at 100 = 31 points loss
sold 9400 CE at 72, exited at 48 = 24 points profit
Sold 9300 PE at 63, exited at 41 = 22 points profit
Sold 9300 CE at 118, exited at 180 = 62 points loss
Sold 9400 PE at 74, exited at 53 = 21 points profit
Sold 9300 CE at 99, exited at 220 = 121 points loss
Sold 9450 PE at 72, exited at 33 = 39 points profit
Sold 9500 PE at 51, exited at 81 = 30 points loss
Bought 9000 CE at 344, exited at 481 = 137 points profit
Sold 9450 CE at 92, exited at 32 = 60 points profit
Sold 2 lots 9500 PE at 56, exited at 107 = 51 x 2 = 102 points loss
Sold 2 lots 9350 PE at 35, exited at 13 = 46 points profit
Sold 2 lots 9500 PE at 48, exited at 108 = 120 points loss
Sold 9450 CE at 70, exited at 17 = 53 points profit
Sold 9400 CE at 57, exited at 11 = 46 points profit
Sold 9400 CE at 36, exited at 11 = 25 points profit
Sold 2 lots 9400 PE at 44, exited at 27 = 34 points profit
Sold 2 lots 9350 CE at 30, exited at 50 = 40 points loss
Sold 2 lots 9350 PE at 9, booked at 4 = 10 points profit
Sold 2 lots 9400 PE at 16, booked at 27 = 22 points loss
Sold 2 lots 9350 PE at 9, expired at 0 = 18 points profit
Sold 2 lots 9400 CE at 22, exited at 21 = 2 points profit

Total profit/loss booked till now = 6 points loss

Cheers
SH

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

BNF strategy opened for June

No changes made today, the M2M profit in open positions is 80 points as at closing prices today so overall profit is around 160 points included booked and M2M.

Positions open currently
Bought 23500 PE at 476
Sold 23000PE at 267
Sold 22500 PE at 172
Sold 23200 PE (8 JUN) at 117

Positions closed till now
Sold 23100 PE (1st June) at 81, exited at 29 = 52 points profit
Sold 23000 PE (8 JUN) at 100, exited at 71 = 29 points profit

Total profit booked till now : 81 points profit

Cheers
SH

priyanknevatia · White Belt Joined: 20 Apr 2016 Posts: 2

Dear Alchemist

Would you suggest / guide us with your strategy for Nifty Options in June. Any recommendations / suggestions for us to follow / track ...

Thanks

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

Hi - I will be opening nifty strategy at some point next week. However I do not update live trades here anymore and are done at the end of the day now at best.

Cheers
SH

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

BNF strategy opened for June

No changes made today, the M2M profit in open positions is 130 points as at closing prices today so overall profit is around 210 points included booked and M2M.

Positions open currently
Bought 23500 PE at 476
Sold 23000PE at 267
Sold 22500 PE at 172
Sold 23200 PE (8 JUN) at 117

Positions closed till now
Sold 23100 PE (1st June) at 81, exited at 29 = 52 points profit
Sold 23000 PE (8 JUN) at 100, exited at 71 = 29 points profit

Total profit booked till now : 81 points profit

Cheers
SH

Alchemist · Yellow Belt Joined: 09 Aug 2010 Posts: 853

BNF strategy for June

one adjustments made today:

Exited 23000 PE at 175 and sold 22500 PE instead at 79

Positions open currently
Bought 23500 PE at 476
Sold 22500 PE at 172
Sold 23400 PE (8th June) at 113
Sold 22500 PE at 79

Positions closed till now
Sold 23100 PE (1st June) at 81, exited at 29 = 52 points profit
Sold 23000 PE (8 JUN) at 100, exited at 71 = 29 points profit
Sold 23200 PE (8 JUN) at 117, exited at 54 = 63 points profit
Sold 23200 PE (Jun) at 240, exited at 234 = 6 points profit
Sold 23000PE at 267, exited at 175 = 92 points profit

Total profit booked till now : 242 points profit

Cheers
SH