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Making money with option buying - Nifty and BNF |
Alchemist
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Post: #1  Posted: Tue Jan 31, 2017 9:41 am Post subject: Making money with option buying - Nifty and BNF |
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So till now, I have proved money can be made through trading in futures and by selling options as well.
Now, can we make consistent money by buying options? Let me experiment with this new thread.
I will be positing some option buy trades from my personal book here. Please follow at your own risk.
I expect only 33% of the trades to be successful and rest 66% to be loss making however the trick will be to make more money in 33% of winning trades than the money lost in 66% trades.
The stoplosses mentioned will be intraday only and standard qty traded this month will be 300 NF (4 lots) and 80 BNF (2 lots)
Cheers
SH  |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #2 Posted: Tue Jan 31, 2017 10:31 am Post subject: |
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Trade 1 = Buy 2 lots BNF 19500 PE at 389 now SL roughly around 350
Cheers
SH |
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anusantosh
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Joined: 19 Jun 2011
Posts: 105
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| Post: #3 Posted: Tue Jan 31, 2017 10:49 am Post subject: |
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| Wow - Most(Highest?) money making thread this must be in future... Great. |
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kartik_krish
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Joined: 29 Mar 2009
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| Post: #4 Posted: Tue Jan 31, 2017 10:50 am Post subject: |
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| Thanks a lot Alc! . |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #5 Posted: Tue Jan 31, 2017 2:12 pm Post subject: |
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| Alchemist wrote: | Trade 1 = Buy 2 lots BNF 19500 PE at 389 now SL roughly around 350
Cheers
SH |
stoploss hit, booked 49 points x 80 = Rs 3920 loss in trade 1
BNF has given a buy now however I am skipping todays and tomorrow's session as option prices are too high given tomorrow is budget day. Will trade options from Thursday onwards once options prices come back to normal.
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #6 Posted: Wed Feb 01, 2017 1:30 pm Post subject: |
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Trade 2
Buy 300 qty Nifty 8650 CE at 121
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #7 Posted: Wed Feb 01, 2017 2:27 pm Post subject: |
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| Alchemist wrote: | Trade 2
Buy 300 qty Nifty 8650 CE at 121
Cheers
SH |
Booked 150 qty at 141 (Rs 3000 profit), rest 150 holding.
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #8 Posted: Thu Feb 02, 2017 12:25 pm Post subject: |
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| Alchemist wrote: | | Alchemist wrote: | Trade 2
Buy 300 qty Nifty 8650 CE at 121
Cheers
SH |
Booked 150 qty at 141 (Rs 3000 profit), rest 150 holding.
Cheers
SH |
Buy 300 qty of 8650 more at 137 now SL for all positions at 124 now.
Cheers
SH |
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paa
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Joined: 28 Sep 2010
Posts: 178
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| Post: #9 Posted: Thu Feb 02, 2017 12:56 pm Post subject: |
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| Is this for intra or positional? |
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Alchemist
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Posts: 853
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| Post: #10 Posted: Thu Feb 02, 2017 1:05 pm Post subject: |
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| paa wrote: | | Is this for intra or positional? |
position is 'swing' but SL is strictly intra ...
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #11 Posted: Thu Feb 02, 2017 1:42 pm Post subject: |
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| Booking another 150 qty at 160 now. |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #12 Posted: Thu Feb 02, 2017 1:46 pm Post subject: |
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Trade 2 running
Open Positions holding
8650 CE = 150 qty bought at 121, TSL now 124
8650 CE = 150 qty bought at 137, TSL now 124
Positions booked till now
8650 CE = 150 qty bought at 121, booked at 141 (Rs 3000 profit)
8650 CE = bought at 137, booked at 160 (Rs 3450 profit)
Total profit booked till now in this trade = Rs 6450
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #13 Posted: Fri Feb 03, 2017 9:36 am Post subject: |
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Trade 2 running, moving TSL to 141 now.
Open Positions holding
8650 CE = 150 qty bought at 121, TSL now 141
8650 CE = 150 qty bought at 137, TSL now 141
Positions booked till now
8650 CE = 150 qty bought at 121, booked at 141 (Rs 3000 profit)
8650 CE = bought at 137, booked at 160 (Rs 3450 profit)
Total profit booked till now in this trade = Rs 6450
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #14 Posted: Fri Feb 03, 2017 10:04 am Post subject: |
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Trade 2 running, booking 150 qty 8650 CE at 161 and buying 8750 CE instead at 96 SL at 81
Open Positions holding
8650 CE = 150 qty bought at 137, TSL now 141
8750 CE = 150 qty bought at 96 SL 81
Positions booked till now
8650 CE = 150 qty bought at 121, booked at 141 (Rs 3000 profit)
8650 CE = bought at 137, booked at 160 (Rs 3450 profit)
8650 CE = 150 qty bought at 121, booked at 161 (Profit 6000)
Total profit booked till now in this trade = Rs 12450
Cheers
SH |
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Alchemist
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Joined: 09 Aug 2010
Posts: 853
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| Post: #15 Posted: Fri Feb 03, 2017 12:41 pm Post subject: |
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Trade 2 running , 8650 CE exited at 141 as TSL hit.
Open positions holding
8750 CE = 150 qty bought at 96 SL 81
Positions booked till now
8650 CE = 150 qty bought at 121, booked at 141 (Rs 3000 profit)
8650 CE = bought at 137, booked at 160 (Rs 3450 profit)
8650 CE = 150 qty bought at 121, booked at 161 (Profit 6000)
8650 CE = 150 qty bought at 137, exited at 141 (Profit 600)
Total profit booked till now in this trade = Rs 13050
Cheers
SH |
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