iCharts Discussions

[shaheerzaman]

Hello Friends,

I am going to post positional trades here in Nifty. There will be 2-3 trades in a month. we will look to get 300-400 points in future every month.

I personally will trade in options. Those interested can trade in future also.

Trade #1

Buy 7000 Feb ce at 475.

Regards
Shaheer

[nakum]

Dear Shaheer

what is the tgt & SL of this call

and why buy costly 7000CE, why not 7200CE or 7300CE

[shaheerzaman]

Dear Nakum,

There are no targets and sl. I let the markets decide the targets for me. When there is a reversal in trend i will exit. The same i will post it here.

I chose 7000 ce because it has lesser time value compared to 7200ce and 7100ce. Since my trades are usually for 2-3 weeks, i dont want the time decay in my options.

Regards
Shaheer

[pkholla]

I agree with Shaheer about Time Value of options:
NF = 7479.4 now, so
Value IV TV
7000C 502 = 479.4 23
7100C 413 = 379.4 34
7200C 330 = 279.4 51
7300C 254 = 179.4 75
7400C 186 = 79.4 107
7500C 130 = (-)20.6 150.6
Prakash Holla

[manojrp]

THANKS SHAHEERBHAI PLS KEEP POSTING

[shaheerzaman]

Hold the longs. Have a nice weekend.

Thanks
Shaheer

[shaheerzaman]

Hello,

Hold the longs. 7000 ce at 590 now.

Regards
Shaheer

[shaheerzaman]

Book 7000 ce at 607. We will reenter again.

Profit 132 points.

Regards
shaheer

[shaheerzaman]

Trade #2

Buy Feb 7100 ce at 468.

Regards
shaheer

[shaheerzaman]

Good Morning Friends,

Hold the longs.

Regards
Shaheer

[shaheerzaman]

Closed 7100 ce at 381.

Loss of 88 points.


Thanks
Shaheer

[shaheerzaman]

Hello,

Trade #3

Buy 7100 ce at 365.

Thanks
Shaheer

[amitagg]

Also post cumulative profit or loss if system worth is to be seen

[AMBY]

Wait and Watch.

[shaheerzaman]

Good Morning,

Hold the longs. 7100 ce made 380.

Expecting good upmove today.


Thanks
Shaheer