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  #21 (permalink)  
Old 04-07-2013, 02:08 AM
TrendCatcher123 TrendCatcher123 is offline
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btw here ur premium risk is +40 and not -40!
Originally Posted by manoj agrawal View Post
Correct construction of Trade 2: ( from post#14)

Bought 500 Nifty Call 6100 July @ 10
Sold 2400 Nifty Call 6300 July @ 2.10

Risk in Trade 2.

Premium Risk:

500 x 10 - 2400 x 2.1 = - Rs 40.

Overnight 3% Gap Risk:

At present zero.

hope this trade is not the final one and only posted as the reason to educate the forum via ur dad's teachings coz if ur taking this trade seriously & till expiry, ur expecting nifty to close just below 6300 in next 15 trading sessions! though not impossible, quite unlikely (may b my diff mkt view). and if by expiry, it doesn't cross 6100, then ur +40 will become -ve (as ur nt using zerodha broker)

also, ur ratio call spread has an unusual ratio of 1:5 (rarely used) and tht too on far off strikes (again relative view). if i were bullish like u (as ur strategy suggests) i wud have opted for 6000 & 6100 strikes in the ratio of may be 1:2 or 2:3 or an inclusion of another strike via ladder

wt say?
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  #22 (permalink)  
Old 04-07-2013, 01:18 PM
manoj agrawal manoj agrawal is offline
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I see that M2M MFE on Trade 2 went up to approx Rs 950. But I can't exit due to brokerage. If any broker like zerodha give opportunity to cross this trade with total round brokerage of Rs 200 ?

I wait more as per my plan.
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  #23 (permalink)  
Old 04-07-2013, 04:01 PM
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JaiDon JaiDon is offline
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Originally Posted by manoj agrawal View Post
Risk in Trade 1

150 x (5900 - 5859) + 150 x 79 = 18000.

In Trade 1....You made 6750 while risking 18000. Keep it up!
....By the way i like your conversations with your dad!
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Old 04-07-2013, 04:06 PM
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Originally Posted by manoj agrawal View Post
Correct construction of Trade 2: ( from post#14)

Bought 500 Nifty Call 6100 July @ 10
Sold 2400 Nifty Call 6300 July @ 2.10

Risk in Trade 2.

Premium Risk:

500 x 10 - 2400 x 2.1 = - Rs 40.

Overnight 3% Gap Risk:

At present zero.

Risk is unlimited to the upside in Trade 2 bcoz if NIFTY can go to 6300 then 6400 also is quite probable and losses will be in lakhs.
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  #25 (permalink)  
Old 04-07-2013, 11:49 PM
ashis_ch ashis_ch is offline
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Nice thread , my applause. One question , are you strictly going to trade in derivative market or might jump in cash market as well if you see a good opportunity ?
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  #26 (permalink)  
Old 05-07-2013, 12:52 AM
manoj agrawal manoj agrawal is offline
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Trade 1 Completes.

HTML Code:
Sold 150 Nifty Future July @ 5859
Bought 150 Nifty Call 5900 July @ 79

Exited Trade 1

Bought 150 Nifty Future July @ 5786
Sold 150 Nifty Call 5900 July @ 51

It accumulate profit after round brokerage of Rs 100 per pair, nears 6450.

Trade 1 Result = + 6450

Below shows Open to Close Equity of this trade including M2M nodes.


Last edited by manoj agrawal; 05-07-2013 at 01:05 AM.
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  #27 (permalink)  
Old 05-07-2013, 01:03 AM
manoj agrawal manoj agrawal is offline
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Originally Posted by manoj agrawal View Post
Trade 2.

Bought 500 Nifty Call 6100 July @ 10
Sold 2400 Nifty Call 6300 July @ 2.10

Trade 2 Equity (Open)
assumes an Initial Brokerage of Rs 580 ( and closing M2M nodes also accounts second leg of Rs 580 = total Rs 1160 Round)


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  #28 (permalink)  
Old 05-07-2013, 01:13 AM
manoj agrawal manoj agrawal is offline
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Above charts have some limitations of advanced features as created on Google Spreadsheet. Here are snap of both Spreadsheets how they created as Node wise. I will omit this spreadsheet snap for other trades though only Equity chart will be shown.


Trade1Nodes.png


Trade2Nodes.png
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  #29 (permalink)  
Old 05-07-2013, 11:02 AM
manoj agrawal manoj agrawal is offline
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Very nice feature of Google docs.
I updated spreadsheet for trade 2 , adding M2M node for today real time updating , and that got reflected in above chart without editing post. great Google.

Current M2M equity for trade 2 stands near Rs 1000 after brokerage.
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  #30 (permalink)  
Old 07-07-2013, 05:40 PM
manoj agrawal manoj agrawal is offline
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Finer layout.


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