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Delta neutral Theta biased trading
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Author Delta neutral Theta biased trading
Alchemist
Yellow Belt
Yellow Belt


Joined: 09 Aug 2010
Posts: 853

Post: #91   PostPosted: Thu Dec 15, 2016 5:30 pm    Post subject: Reply with quote

The M2M profit is now 147 points in nifty on positions currently open as below. Another 70 points profit has already been booked in NF earlier so if I exit all positions today my total profit would have been 217 points by now which is great given we have been significantly hedged throughout the month so risk has been negligible.

Carrying the open position as more profit to be made in Dec.

Positions currently open
8100 CE sold at 138, LTP 132
8300 CE sold at 55, LTP 33
8500 CE sold at 18 , LTP 5
8100 PE sold at 140, LTP 58
8200 PE sold at 94, LTP 95
8200 CE sold at 96, LTP 72


Positions already booked
NF bought at 8080 sold at 8150 (Booked 70 points profit)

Cheers
SH
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Alchemist
Yellow Belt
Yellow Belt


Joined: 09 Aug 2010
Posts: 853

Post: #92   PostPosted: Fri Dec 16, 2016 12:32 pm    Post subject: Reply with quote

stock options


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Alchemist
Yellow Belt
Yellow Belt


Joined: 09 Aug 2010
Posts: 853

Post: #93   PostPosted: Fri Dec 16, 2016 3:46 pm    Post subject: Reply with quote

Carrying all open positions, overall profit now at 270 points (200 M2M + 70 booked).

Holding for more.

Positions currently open
8100 CE sold at 138, LTP 104
8300 CE sold at 55, LTP 20
8500 CE sold at 18 , LTP 3
8100 PE sold at 140, LTP 60
8200 PE sold at 94, LTP 104
8200 CE sold at 96, LTP 50

TOTAL M2M PROFIT till today on above open positions = 200 points

Positions already booked
NF bought at 8080 sold at 8150 (Booked 70 points profit)

Cheers
SH
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Alchemist
Yellow Belt
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Joined: 09 Aug 2010
Posts: 853

Post: #94   PostPosted: Mon Dec 19, 2016 9:53 am    Post subject: Reply with quote

Exited 8500CE sold at 18 now at 2 ...this is to free up capital to short more options.

Cheers
SH
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Alchemist
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Joined: 09 Aug 2010
Posts: 853

Post: #95   PostPosted: Mon Dec 19, 2016 2:58 pm    Post subject: Reply with quote

updated stock option positions, booked profit in Bajaj-Auto and LICHSGFIN sold calls. Replaced them by selling GAIL calls.

Also shorted some nifty 8300 calls (next months)

Out of 17 positions, 15 showing M2M profit and 2 showing loss.

Cheers
SH



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Alchemist
Yellow Belt
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Joined: 09 Aug 2010
Posts: 853

Post: #96   PostPosted: Mon Dec 19, 2016 4:00 pm    Post subject: Reply with quote

Carrying all open positions, overall profit now at 326 points (240 M2M + 86 booked).

Holding for more.

Positions currently open
8100 CE sold at 138, LTP 81
8300 CE sold at 55, LTP 11
8100 PE sold at 140, LTP 55
8200 PE sold at 94, LTP 104
8200 CE sold at 96, LTP 32

TOTAL M2M PROFIT till today on above open positions = 240 points

Positions already booked
NF bought at 8080 sold at 8150 (Booked 70 points profit)
8500 CE sold at 18 , LTP 2 (booked 16 points profit)

Cheers
SH
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Alchemist
Yellow Belt
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Joined: 09 Aug 2010
Posts: 853

Post: #97   PostPosted: Tue Dec 20, 2016 4:35 pm    Post subject: Reply with quote

Booked all positions at day end today and made 365 points in nifty in this trade.

New trades will be taken in Jan series now next week.

Details of each leg
8100 CE sold at 138, booked at 57 (Profit 81 points)
8300 CE sold at 55, booked at 6 (Profit 49 points)
8100 PE sold at 140, booked at 51 (Profit 89 points)
8200 PE sold at 94, booked at 111 (Loss 17 points)
8200 CE sold at 96, booked at 19 (Profit 77 points)
NF bought at 8080 sold at 8150 (Profit 70 points)
8500 CE sold at 18 ,Booked at 2 (Profit 16 points)

Cheers
SH
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Redlionviji
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Joined: 22 Oct 2016
Posts: 47

Post: #98   PostPosted: Tue Dec 20, 2016 8:18 pm    Post subject: sir ji ple kindly update on timely... Reply with quote

Dear sir... u update positions exit after market hours...if any one follow u how to exit positions....Sir if u really think to give profit 4 some ones ple update on timely...it is very useful 4 your followers,....i will hope u update on timely of your valuable trades....Thanks sir Ji... Sad Sad Crying or Very sad
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vinayak007
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Joined: 19 Jan 2014
Posts: 10

Post: #99   PostPosted: Tue Dec 20, 2016 9:31 pm    Post subject: Reply with quote

Redlionviji
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Joined: 22 Oct 2016
Posts: 11


Post: #1 New postPosted: 20 Dec 2016 20:18 Post subject: sir ji ple kindly update on timely... Reply with quote
Dear sir... u update positions exit after market hours...if any one follow u how to exit positions....Sir if u really think to give profit 4 some ones ple update on timely...it is very useful 4 your followers,....i will hope u update on timely of your valuable trades....Thanks sir Ji... Sad Sad Crying or Very sad


Yes it is like Ibot at 8150 and sold at 8300 NF and I booked 150 points per lot.......
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Alchemist
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Joined: 09 Aug 2010
Posts: 853

Post: #100   PostPosted: Wed Dec 21, 2016 9:02 am    Post subject: Re: sir ji ple kindly update on timely... Reply with quote

Redlionviji wrote:
Dear sir... u update positions exit after market hours...if any one follow u how to exit positions....Sir if u really think to give profit 4 some ones ple update on timely...it is very useful 4 your followers,....i will hope u update on timely of your valuable trades....Thanks sir Ji... Sad Sad Crying or Very sad


Hi - all my trades have been posted real time here in the past except the exit trade. If I am exiting at 3.29 PM, I would not have time to post it here real time.

However, you can exit this morning at opening price, you will still make more money than what i made yesterday when I exited.

The good thing about this strategy is exiting late is not bad as most of the times the positions are hedged so the more longer you hold them, the more money you make.

These are not naked longs/shorts where real time updates matter.

Hope you understand.

Cheers
SH
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Redlionviji
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Joined: 22 Oct 2016
Posts: 47

Post: #101   PostPosted: Wed Dec 21, 2016 11:04 am    Post subject: Now iam understood sir... Reply with quote

ok...sir...Now iam understand...Thnks a lot for your reply....God bless u ....Gd mG..Hve a nice day....Take care sir..... Cool Smile
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paa
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Joined: 28 Sep 2010
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Post: #102   PostPosted: Wed Dec 21, 2016 11:38 am    Post subject: Reply with quote

Alchemist
Please guide! How to overcome psychological obstacles in this strategy?

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

Post: #103   PostPosted: Wed Dec 21, 2016 1:18 pm    Post subject: Reply with quote

paa wrote:
Alchemist
Please guide! How to overcome psychological obstacles in this strategy?

Regards


What kind of psychological obstacles?
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Alchemist
Yellow Belt
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Joined: 09 Aug 2010
Posts: 853

Post: #104   PostPosted: Fri Dec 23, 2016 9:57 am    Post subject: Reply with quote

Opening a fresh strategy trade now in BNF

Short 1 lot BNF now at 17943 (Jan)
Sold 1 lots BNF 17700 PE at 73 (Dec series)
Sold 1 lot 17500 PE at 212 (Jan series)
Sold 1 lot 17000 PE at 101 (Jan series)


Cheers
SH
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Redlionviji
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Joined: 22 Oct 2016
Posts: 47

Post: #105   PostPosted: Fri Dec 23, 2016 10:08 am    Post subject: Gd mG...Dear sir... Reply with quote

Gd mG...Dear sir...hve a nice day 4 u....Take care... Cool Cool
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