iCharts Discussions

[SP50]

Veeraji what is your views on the upcoming budget and how should we trade now?

I am carrying JPaasociates short @70 from last wednesday. Totally in loss. Will I get an exit or shall I wait for your 81 funda.

Regards,

[veerappan]

taxman i am not a commerce student... i dont have that much of knowledge of budget...sorry... but on the basis of psyche games... i can put my views........

suppose 5454-5555 ranges to u can take 5700-5800 call options and the same time u take 5000-4900 puts... may be here and there 1-3 rupees diff may be there... but not a big qty.... 4900 puts now 14... example take 2 lots now...5000 puts now 24 u can buy two lots... suppose 5500-5555 nf goes further add two lots ....on the other side 5800 calls now 10 rupees. buy two lots...5700 calls now 19 rupees two lots.. buy ... suppose monday 5450-5555 ranges or tuesday means u have to pay more on calls and u will get cheap [cheat? ] on puts ... got my point now... so this side 4 lots and that side 4 lots... budget goes 300-400 pts either side or who knows may be 600-700 pts also possible... ser-tax ... tax exemption this that matters are there.... just i put my view.... risk reward u shd calculate on live... u r getting good money one side plus [ adjust with aother side after that good plus] then get out on that side... next side still not loosing much then get out... or its going to 1-2 rupees ranges dont sell and take a chance upto sett.. bcoz 1-2 rupees to selling on that side what u will get... so just take a chance... who knows again it may give money also... bcoz u .... got my point.... what ever it may be a practice...but in the pitch u shd play very very carefully ... u shd be alive .. conscious... awarness ....anything else? taxmann?

veeru
chennai boy

[SP50]

Thank you sir, I will place myself as suggested. Nothing more of now and thank you once more for your nice suggestion.