July Expiry contracts closed yesterday.

NIFTY and SENSEX both made all time high.

The high point of the day was 11185.85.

What to make of it I am not sure. On such a day also NIFTY had 26 stocks advancing to 24 declining. Almost equal number. This is not a great news about everything being fine. Probably the laggards will pick up and market will keep on moving up. Or nothing may happen and we may see what happened after January 2018 high.

We shall know as the time moves on.

We had 15 trades in July Expiry. All of them were PUTS.

Out of the 15 trades only 5 were right as far as taking profit is concerned. With only 5 trades right we ended up with a small profit of Rs. 42828.

In fact many of the readers have booked much higher profit by exiting at prices higher than those shown here.

To end the month profitably with 15 PUT BUYING trades and 10 of those going wrong in a month when NIFTY went up from 10589.10 to 11167.30 is no small task. And we know that on July 10, 2018 we were looking at a loss figure of (-) 42000.

August Series Begins :

We have seen that judicious trades in Option Buying can make profit. This was seen in May, June and July ( in July even against the general market trend ).

In August series let us try something more difficult. Let us explore what is possible. We may end up wrong and take the loss. If we succeed in this attempt it will be a success to celebrate. After all nothing is gained by not trying.

This month I will be posting both CALL BUYER trades and PUT BUYER trades.

We shall start with 1 traded for both traders , add more trades subsequently as the month proceeds and try not to have more than 15 trades in the month for both the traders.

Starting today we shall have 25 days of trading with holidays on August 15 and 22, 2018.

The Day 01 of 25 is already here.


TATAMOTORS is weak since last 6 months.

Closed yesterday at Rs. 258.25. Still trading very near to 52 week low of Rs. 247.30.

If the market corrects a little bit, this stock should be going down below this mark.

PUT 240 at Rs. 5.40-5.80 can be a good trade.


YESBANK closed at Rs. 367.45. Only a week ago it was at 52 week high. Yesterday too it recovered from the low very smartly. If the current uptrend in the market continues, the stock can make new high.

CALL 400 at Rs. 5.40-5.80 levels can turn out well.

Let us see how the market moves.

A trader has to take a risk while looking for the rewards. We begin the month with these two trades.

Let us see who is successful — The PUT BUYER or the CALL BUYER.

Please share your views through comments.

Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.