The Lazy Trader — January 2020 Series — January 15, 2020

Another day, another record high for NIFTY. It is said that records are meant to be broken. But breaking records everyday is something different altogether. It appears lot of money is going into the wrong stocks at wrong time. But who am I to say this? Well, I have observed the markets for few years […]

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US Market Option Buying — Day 02— January 14, 2020

Monday saw US Markets moving up. Nasdaq was up 1.04%, DJIA up 0.29% and S&P 500 was up 0.70%. We could get hold of GM PUT 33 Feb 21, 2020 for $ 0.58 quite comfortably. The stock moved up after that and the option closed at $ 0.52. Not a good beginning for the new […]

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January 2020 — Buying Options — Day 13

Another day of NIFTY record high. The close was just 8 points lower than the high level. There appears to be momentum left on the upside. RELIANCE stayed lower but ZEEL once again went near Rs. 260 and came back to close positive. The move by ZEEL dented our position otherwise we could have squeezed […]

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Money In The Bank — January 2020 — January 14, 2020

A look at BANKNIFTY yesterday. AXISBANK and ICICIBANK were among the 4 Declines. HDFCBANK was a gainer but not by much. The loss in BANKNIFTY PUTS was bigger than the gain in the sold PUTS in the 3 stocks. Instead of money coming in the bank, it went out yesterday. Still in profit though reduced […]

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The Lazy Trader — January 2020 Series — January 14, 2020

Monday saw NIFTY making yet another all time high. The new number is 12337.75. This may be short lived as there is enough indication that this level may be taken out today. Yesterday, it was all about INFOSYS. Among the heavy weights, it was INFY and HINDUNILVR who combined to give some positive result. Now […]

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US Market Option Buying — Day 01 — January 13, 2020

A new beginning today. The fundamental assumption is that all markets are same as they are all governed by human emotions. Time decay and all other factors affect option buyers in the same manner and their geographical location is not an issue. So let us embark upon this new journey. Trade for today : For […]

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January 2020 — Buying Options — Day 12

The last week saw NIFTY making another record high. On Monday ( January 06, 2020 ), we appeared to be on way to profitability but by the end of week, our position had become weak. This is how NIFTY moved up to record high and then gave up few points. This is where we find […]

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Money In The Bank — January 2020 — January 13, 2020

The day NIFTY made a record high, BANKNIFTY was subdued. Maybe it got tired after the big climb on Thursday. It moved all over the place and closed flat. Our trades too performed as per the above trend or lack of trend. We stay almost where we were on Thursday. 9 Losers out of 12 […]

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The Lazy Trader — January 2020 Series — January 13, 2020

During the week, we saw NIFTY going down 233 pints on Monday. There was not much action on Tuesday and Wednesday. There was an up move of 190 points on Thursday. Friday saw NIFTY making a new record high at 12311.20 and then giving up some ground from there. All told, NIFTY gained 30 points […]

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Sunday Thoughts — Why Options Traders Do Not Become Rich ?

Familiar territory for us. For the last few months we are losing money by the bucketfuls. Leave aside the thoughts of becoming rich, all our attention is focused on to somehow break that sequence of continued losses. The question about becoming rich was asked on Quora and I chose to answer it. Sharing that answer […]

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