Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti. So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. WhRead more
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti.
So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. When I entered the strategy future price was trading at 7662. After I entered it fell around 100 points and now trading around 7600 so I am suffering a loss now but I am having one month to go since I am bullish on it.My breakeven is 7973. It must cross 7973 on expiry to generate a profit( around 400 points). Now when it fell 100 points put and call was giving me a profit so my loss was minimised.
My thought at the time when future price fell:
Put buy price was 371 when price fell put price rise to 460. So there was profit. I thought to book profit in put and thought I will buy put again if maruti fell more from there. Sir so in this case whether my thought was correct. But I did not do so because I thought I am not so sharp in adjustments now. It might lead to me in trouble because put was minimising my loss.
Call was aslo showing profit but I did not book and did not shift the call on upper side oviously not upper than the strike price of put because I thought now only 2 days has crossed it might get recovered so why to touch unnecessarily.
Now till today the situation in my strategy is same as I entered it before with minimal loss. Put again came to the price where I have bought and call sell premium is decaying which is giving some profit.
Now sir if the break even 8000 ( around 400 points above)which is my target does not reach till the expiry then should I roll over the strategy to next month or should I exit from the strategy and if roll over is done then how roll over will be done and what will be the breakeven point then.
Sir I am sorry to write so long but there is no other way other than this to communicate but I have more to ask so please explain a bit in detail 2 points discussed above: 1. My thought process and 2 roll over.
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti. So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. WhRead more
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti.
So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. When I entered the strategy future price was trading at 7662. After I entered it fell around 100 points and now trading around 7600 so I am suffering a loss now but I am having one month to go since I am bullish on it.My breakeven is 7973. It must cross 7973 on expiry to generate a profit( around 400 points). Now when it fell 100 points put and call was giving me a profit so my loss was minimised.
My thought at the time when future price fell:
Put buy price was 371 when price fell put price rise to 460. So there was profit. I thought to book profit in put and thought I will buy put again if maruti fell more from there. Sir so in this case whether my thought was correct. But I did not do so because I thought I am not so sharp in adjustments now. It might lead to me in trouble because put was minimising my loss.
Call was aslo showing profit but I did not book and did not shift the call on upper side oviously not upper than the strike price of put because I thought now only 2 days has crossed it might get recovered so why to touch unnecessarily.
Now till today the situation in my strategy is same as I entered it before with minimal loss. Put again came to the price where I have bought and call sell premium is decaying which is giving some profit.
Now sir if the break even 8000 ( around 400 points above)which is my target does not reach till the expiry then should I roll over the strategy to next month or should I exit from the strategy and if roll over is done then how roll over will be done and what will be the breakeven point then.
Sir I am sorry to write so long but there is no other way other than this to communicate but I have more to ask so please explain a bit in detail 2 points discussed above: 1. My thought process and 2 roll over.
Sir when I was taking the trade future price was 2196 in opstra option and when I was executing the trade in platform automatic price came to 2214. I have done zero there and then Clicked the submit button. After submitting my order was showing in order book as pending and future price was 2214 wasRead more
Sir when I was taking the trade future price was 2196 in opstra option and when I was executing the trade in platform automatic price came to 2214. I have done zero there and then Clicked the submit button.
After submitting my order was showing in order book as pending and future price was 2214 was showing in order book.
This is what the case happened.
Roll Over
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti. So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. WhRead more
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti.
So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. When I entered the strategy future price was trading at 7662. After I entered it fell around 100 points and now trading around 7600 so I am suffering a loss now but I am having one month to go since I am bullish on it.My breakeven is 7973. It must cross 7973 on expiry to generate a profit( around 400 points). Now when it fell 100 points put and call was giving me a profit so my loss was minimised.
My thought at the time when future price fell:
Put buy price was 371 when price fell put price rise to 460. So there was profit. I thought to book profit in put and thought I will buy put again if maruti fell more from there. Sir so in this case whether my thought was correct. But I did not do so because I thought I am not so sharp in adjustments now. It might lead to me in trouble because put was minimising my loss.
Call was aslo showing profit but I did not book and did not shift the call on upper side oviously not upper than the strike price of put because I thought now only 2 days has crossed it might get recovered so why to touch unnecessarily.
Now till today the situation in my strategy is same as I entered it before with minimal loss. Put again came to the price where I have bought and call sell premium is decaying which is giving some profit.
Now sir if the break even 8000 ( around 400 points above)which is my target does not reach till the expiry then should I roll over the strategy to next month or should I exit from the strategy and if roll over is done then how roll over will be done and what will be the breakeven point then.
Sir I am sorry to write so long but there is no other way other than this to communicate but I have more to ask so please explain a bit in detail 2 points discussed above: 1. My thought process and 2 roll over.
See lessRoll Over
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti. So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. WhRead more
Sir I mean to say I have entered a collar strategy on Maruti Suzuki for July end expiry since I was bullish on it by seeing a monthly; weekly and daily chart and so as per the daily chart I was bullish on Maruti.
So I bought Maruti Future F+ and bought put of 0.6 delta and sold call of 0.2 delta. When I entered the strategy future price was trading at 7662. After I entered it fell around 100 points and now trading around 7600 so I am suffering a loss now but I am having one month to go since I am bullish on it.My breakeven is 7973. It must cross 7973 on expiry to generate a profit( around 400 points). Now when it fell 100 points put and call was giving me a profit so my loss was minimised.
My thought at the time when future price fell:
Put buy price was 371 when price fell put price rise to 460. So there was profit. I thought to book profit in put and thought I will buy put again if maruti fell more from there. Sir so in this case whether my thought was correct. But I did not do so because I thought I am not so sharp in adjustments now. It might lead to me in trouble because put was minimising my loss.
Call was aslo showing profit but I did not book and did not shift the call on upper side oviously not upper than the strike price of put because I thought now only 2 days has crossed it might get recovered so why to touch unnecessarily.
Now till today the situation in my strategy is same as I entered it before with minimal loss. Put again came to the price where I have bought and call sell premium is decaying which is giving some profit.
Now sir if the break even 8000 ( around 400 points above)which is my target does not reach till the expiry then should I roll over the strategy to next month or should I exit from the strategy and if roll over is done then how roll over will be done and what will be the breakeven point then.
Sir I am sorry to write so long but there is no other way other than this to communicate but I have more to ask so please explain a bit in detail 2 points discussed above: 1. My thought process and 2 roll over.
See lessPair trading SBIN AND CANARA BANK
Thanks sir for clearing doubt.
Thanks sir for clearing doubt.
See lessPair trading
Understood nicely sir. Thanks
Understood nicely sir. Thanks
See lessCollar Strategy
Sir when I was taking the trade future price was 2196 in opstra option and when I was executing the trade in platform automatic price came to 2214. I have done zero there and then Clicked the submit button. After submitting my order was showing in order book as pending and future price was 2214 wasRead more
Sir when I was taking the trade future price was 2196 in opstra option and when I was executing the trade in platform automatic price came to 2214. I have done zero there and then Clicked the submit button.
See lessAfter submitting my order was showing in order book as pending and future price was 2214 was showing in order book.
This is what the case happened.