iCharts Discussions

[harshkapoor3]

Hello Mr. Rao
There is nothing personal in this forum , it is just a platform to share the ideas, any ways if nifty opens at 4500, put will be no less than 600 but what about call, it was quoting at 285 rs when i sold it , now if it opens at 4500 , this call be at max 100 or so , hence giving me some 200 points, so
+ 500 ( on original selling)
+200 (nifty opening at 4500)
- 600 ( full pre of put)
i assume i am not making any profit if nifty opens at 4500, at the best what i can do is short future at 4500, so that i may not lose more in put options, well i thing this is all part of the game, you cannot be 100% of times making profit in share market, and given in last 10 years how many times did nifty opened up 500 points negative.
It is naked only till the time you do not entre into futures, once you do that it becomes covered.
Any ways as per my work nifty is strong above 5220, and will get week only if it trades below 4130.

[jyothil]

Hi Hansraj,

Thanks. i will wait for your intraday strategy. and Meanwhile let me know where shall I start for Option strategy. My idea is to sell 5300 PE and 5200 CE. I dont know what level I hav to enter in Nifty Future.

Please guide me sir.

G.Jyothi

[hansraj456]

Hi Jyothi

I will give levels for option selling and future hedging at this forum. But that will be done only when that opporltunity arrives, we have to wait till then.

Thanks

[hansraj456]

Hi All

I am sorry, it will take about 1-2 months to finalise the strategy for Intraday Trading. Please bear with me. I will post the strategy in separate Thread.

Thanks

[hansraj456]

Hi

Profit calculation of hedging position:

Premium of 4800 Call = 450
Premium of 5100 Put = 68
Total Premium = 518
Nifty Future Points gained = 5020 - 5239 = 219
Points gain at the time of selling both options = 487

Net gain in points 487 - 518 + 219 = 188 Points

Had I calculated my profit with Nifty Future Long at 5000, the profit target has already been achieved. But being on a conservative side, we are still short of just 12 points from our target of 200 points for 2nd strategy.

I again request all the readers to please read the entire thread to understand this strategy.

Thanks

[kripalsinh8888]

Dear Hansrajbhai ,

Ur call is Rocking >>>>>>>> Sirji...........

Gud one ..........keep it up.........

We r enjoying the Profitzzz...........n..........

we will also be giving a part of it to the needy chidren........

Thank u very much...........for this Gr8 start of 2010 >>>>>>>>>

With Regardz ,

Kripalsinh

[hansraj456]

Hi All

I am glad to know that somany people made position during last week of December, 2009. As we were short of 12 points from our target, we may achieve the target of 200 points today. So my advice to all who are holding the position, to exit after getting around 200 points. Please exit from all the Short Options and Long Nifty Fut. simultaneously and don't hold any of these for more time to get more profit. Please obey the Rules, otherwise you can be carried away due to more greed.

As the time for next strategy is not yet suitable due to thin volume in Feb Options, we may have to wait for 1-3 days for 1st position of Jan.2010. I will give call for the same at this forum during the trading hours, whenever found suitable.

I had given an unspecified call for late entry into strategy and few people are holding Short of 5000 Call and 5300 Put. My advice for them to hold their position till call for 1st position of Jan.2010 is given.

My special thanks for Mr. Kripalsinh8888 for decent support.

Thanks

[hansraj456]

Hi

Option Future Hedging - 2nd Position of Dec. giving more than 200 points. Book Profits and exit from all positions simultaneously.

Thanks

[hansraj456]

Hi

Final Profit calculation of hedging position at the time of exit :

Premium of 4800 Call = 485
Premium of 5100 Put = 55
Total Premium = 540
Nifty Future Points gained = 5020 - 5278 = 258
Points gain at the time of selling both options = 487

Net gain in points 487 - 540 + 258 = 205 Points


I again request all the readers to please read the entire thread to understand this strategy.

Thanks

[hansraj456]

Hi All

Call for 1st Hedging Position of Jan.2010

Sell Nifty 5100 Call (Feb) at 290-298 and hold. Go Long if Nifty Fut trades above 5300 and hold till Nifty Fut comes back below 5300

Sell Nifty 5400 Put (Feb) at 225-235 & hold. Go Short if Nifty Fut trades below 5250 and hold till Nifty Fut comes back above 5250

[hansraj456]

[kvram]

hansrajji, i sold same call and put 290 and put at 233 Thanks.

[serenshri]

[hansraj456]

[rishu]

Dear Hansraj,
Though I am watching your thread for the last many days, yet I couldn't go through it thoroughly which I would definitely do it within few days. One thing is definitely sure whatever you say has proper strength with true and honest intentions. I would like to request site administrator,now, to participate in the discussion and try to make your strategy foolproof by applying his knowledge and skills for the benefit of forum members as this strategy has got overwhelming response and has become popular amongst the forum members within no time.