February 2020 — Options Buying — Day 20

A volatile day. At one stage NIFTY looked all set to wipe out the deficit and turn positive. That was not to be and the bears pressed their advantage. Just 6 gainers out of 50 tells the story of weakness in the market. This did not help in February trades which are almost over. We […]

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Money In The Bank — March 2020 Series — February 27, 2020

With mostly negative trend throughout the day, our strategy should have done well for the day. It did not. One of the biggest losers among the banking stocks was ICICIBANK. The loss in the sold PUT in this stock caused the maximum harm. The gain from the BANKNIFTY PUTS was not enough to balance this […]

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February 2020 — Options Buying — Day 19

NIFTY was down marginally after moving both ways during the day. Advances to Declines were balanced. But this tells us nothing about what is likely to happen next. As I write SGX NIFTY is quoting 76 points lower. We may be looking at another day of NIFTY fall today. Yesterday did not work out well […]

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Money In The Bank — March 2020 Series — February 26, 2020

After the big fall on Monday, there was a small decline in BANKNIFTY on Tuesday. The gains and losses were not big in the three stocks of this strategy. There was a small gain at the end of day and we take that happily. The way world markets performed yesterday it looks that we may […]

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The Lazy Trader — March Series — February 26, 2020

As NIFTY kept on moving in either direction with no clear trend, the lazy trades did well for the day. Volatile in a narrow range — that is how Nifty can be described for yesterday. It was good that big fall was limited to two stocks — Reliance and LT and it was balanced by […]

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February 2020 — Options Buying — Day 18

Yesterday bears came to party at the bourses. At the end of day it was a cut of 2%. For our trades it was the story of too little too late. Added to that was the compulsion of physical settlement and closing of trades because of margin requirements. But these are the conditions of trading […]

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Money In The Bank — March 2020 Series — March 25, 2020

We had to revise our entry levels as BANKNIFTY and the banking stocks opened much lower than the suggested prices. Trades were entered at about 9:55 am with the following strike prices: HDFCBANK PUT 1200 ICICIBANK PUT 530 in place of PUT 540 KOTAKBANK PUT 1660 in place of PUT 1680 BANKNIFTY PUT 30000 MAR […]

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The Lazy Trader — March Series — February 25, 2020

As the market resumed after the long weekend, bears came out with vengeance. Nifty opened lower and kept moving lower throughout the day. At the end, it was down by 251 points, a real big decline. It is on such days that the lazy trader strategy gets actually tested. All the 50 stocks in NIFTY […]

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February 2020 — Options Buying — Day 17

Welcome back to Monday morning after a three day break. This is how NIFTY was on Thursday, February 20: Most of the fall occurred in the last one hour without much benefit to our trades. ZEEL, SUNPHARMA and TATASTEEL all ended up positive on a losing day. Touch luck. This was the position at close […]

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Money In The Bank — March 2020 Series — February 24, 2020

Welcome back to Monday trading after the 3 day weekend. This is how BANKNIFTY performed on Thursday, February 20. The trades were closed at about 2:30 pm and this was the status: A small profit of Rs. 3655 but we do not complain. Earlier in the month, we had booked a profit of Rs. 24478 […]

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