I have sold 18500 CE on the 8th Expiry Call around 18850 @ the premium of 409. with 19000 being a stop loss. I have sold 30 lots. i have to buy 19500 calls to cut the cost .
again i buy 10 lot of 18900 ce 10 lot at 105 and sell 19000 ce 20 lot at 66. for this my Sl is 19930.
This trade is taken on these basis
1. Psychological Basis:- 19000 is a huge psychological barrier. the market has to correct before it breaks 19000. you can check previous data. this is against the market trade so the reward is good.
2. Risk & Reward:- there is 250 point to grab and 150 points to lose. But even if I lose 150 points, the premium will adjust by 40 points. so my actual loss will be 100 points.
3. hedge:- Right Now my position is only in one direction but as soon as the market will touch the 2-hour support line I will sell in the money PE in half the quantity. and completely book profit if it comes near weakly support.
Let's see the position till its expiry or will update if I make any changes to my position.
This is not a trade call and I have no shame to admit that it is not a technical call. Please only take a position if you find the reason behind both:-
a.) why and how you will make money or lose money.
b) How much you will lose or gain.
Thank you
again i buy 10 lot of 18900 ce 10 lot at 105 and sell 19000 ce 20 lot at 66. for this my Sl is 19930.
This trade is taken on these basis
1. Psychological Basis:- 19000 is a huge psychological barrier. the market has to correct before it breaks 19000. you can check previous data. this is against the market trade so the reward is good.
2. Risk & Reward:- there is 250 point to grab and 150 points to lose. But even if I lose 150 points, the premium will adjust by 40 points. so my actual loss will be 100 points.
3. hedge:- Right Now my position is only in one direction but as soon as the market will touch the 2-hour support line I will sell in the money PE in half the quantity. and completely book profit if it comes near weakly support.
Let's see the position till its expiry or will update if I make any changes to my position.
This is not a trade call and I have no shame to admit that it is not a technical call. Please only take a position if you find the reason behind both:-
a.) why and how you will make money or lose money.
b) How much you will lose or gain.
Thank you
Trade active:
i have close 19000 ce sell and 18900 buy sell. the profit gain 11675. i also sold 10 lots of 18500 ce at 274 . currently its trading @ 263. but I always book my profit and loss in steps. This allows me to free up my capital and I can hedge my position. Around 18650 will sell 10 lot of 18800 PE and the trailing Sl now is 18800 .
Happy to share my trading experience with you all.
Thank you
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Happy to share my trading experience with you all.
Thank you
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade active:
sell 18700 PE @ 118.55 10 lot .
Trade active:
trading SL now 18655
Trade closed manually:
thank you