iCharts Discussions

[Alchemist]

8400 PE sorry

move TSL to 130 now and hold.

Cheers
SH

[Alchemist]

markets may remain choppy as 4 days to go for expiry and 7 days for budget... so hedging the position.

The SLs mentioned are intraday only and doesnt apply for gap ups or down ...

Trade 2 started

Sold 1 lot 8400 PE (Feb series) at 123 with SL 135
Sold 1 lot 8500 CE (feb series) at 114 now with SL 145

Cheers
SH

[Alchemist]

Stoploss hit for puts, shorted call still holding with stop loss revised to 124

Trade 2 - open positions
Sold 1 lot 8500 CE (feb series) at 114, SL revised to 124 now.

Positions closed till now

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points


Cheers
SH

[Alchemist]

Time to sell more calls and move the stoploss down for 8500 CE. Please note stoploss are applicable intraday only and not applicable if taken out in gaps.

Trade 2 - open positions
Sold 1 lot 8500 CE (Feb series) at 114, SL revised to 114 now.
Sold 1 lot of 8400 CE (Feb) at 144, stop loss 165

Positions closed till now

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points

Cheers
SH

[Alchemist]

both SL hit today. Now sold 8400 PE (feb) at 119

Trade 2 - open positions
8400 PE sold at 119

Positions closed till now

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points
Sold 1 lot 8500 CE (Feb series) at 114, exited at 114 = 0
Sold 1 lot of 8400 CE (Feb) at 144, exited at 165 = 21 point loss

Cheers
SH

[Alchemist]

Selling 8600 PE at 110 now SL 120. Trailing stoploss for 8400 PE also placed at 59

Trade 2 - open positions
8400 PE sold at 119, TSL now 59
8600 PE sold at 110 SL 120

Positions closed till now

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points
Sold 1 lot 8500 CE (Feb series) at 114, exited at 114 = 0
Sold 1 lot of 8400 CE (Feb) at 144, exited at 165 = 21 point loss

Cheers
SH[/quote]

[paa]

Just a query.......
Buying option is more appropriate then shorting option till 31st january as vix increasing due to volatility till budget.
8600ce gained 40 points and 8600 pe lost 21 points till now today

[Alchemist]

Selling 8700 CE at 127 SL 140

Trade 2 - open positions
8400 PE sold at 119, TSL now 59
8600 PE sold at 110 SL 120
8700 CE sold at 127 SL 140

Positions closed till now

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points
Sold 1 lot 8500 CE (Feb series) at 114, exited at 114 = 0
Sold 1 lot of 8400 CE (Feb) at 144, exited at 165 = 21 point loss

Cheers
SH

[Alchemist]

SL hit for both so both booked.

Trade 2 - open positions
8700 CE sold at 127 SL 140

Positions closed till now

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points
Sold 1 lot 8500 CE (Feb series) at 114, exited at 114 = 0
Sold 1 lot of 8400 CE (Feb) at 144, exited at 165 = 21 point loss
8400 PE sold at 119 booked now at 59 = 60 points profit
8600 PE sold at 110, exited at 120 = 10 points loss

P&L booked till now = 17 points

Cheers
SH

[Alchemist]

Exiting 8700 CE sold at 127 now at 96. Will open fresh positions after budget.

Overall profit in trade 2 = 48 points

Positions closed till now in Trade 2

Sold 1 lot 8400 PE (Feb) at 123, stop loss hit 135 = Loss 12 points
Sold 1 lot 8500 CE (Feb series) at 114, exited at 114 = 0
Sold 1 lot of 8400 CE (Feb) at 144, exited at 165 = 21 point loss
8400 PE sold at 119 booked now at 59 = 60 points profit
8600 PE sold at 110, exited at 120 = 10 points loss
8700 PE sold at 127, exited at 96 = 31 points profit

P&L booked till now = 48 points

Cheers
SH