Finally June 28, 2018 is upon us.

Our contracts end today. Which way they end up will be known during the trading day.

NIFTY lost out in a big way yesterday. It lost 97 points at close after being down by 115 points few minutes before the close.

I had mentioned that some of our Options are just sitting at a point from where a good volatile move can make them profitable.

It happened yesterday.

BHEL made a new 52 week low. So did UPL. IDEA too went down nicely though recovered at the end. PNB went down to bring back our PUT 80 into some profit. RELCAPITAL at one stage became profitable though it also gave up the gains at close.

Basically it is BHEL, UPL and IDEA which have made most of the gains for us.

That is the point I keep on mentioning that we have to take maximum profit out of the trades that do well and just forget the wrong ones.

Small profits were possible in all of these. But that would have left us with losses only.

Well, I can post a good picture today.

We have to be very careful today and plan our exits profitably.

Depending on the market trend ( not known yet) first we get rid of the absolute losers where we see no chance. This is subjective because getting back Rs. 800-1000 does not make sense to me. Taking care of our good trades and staying with them can make more money than salvaging something out of bad trades.

This profitable position has come after 19 days of agonizing wait. Let us not let it get back to negative.

That will require some active trade monitoring which is a must on the Expiry Day.

Trades As Futures :

There are some selections like SBIN which are losers in our Option Trades but would have given a good profit if traded in Futures. Similarly profit from BHEL, UPL, IDEA would have been far better in Futures trades.

True worth of SELECTION PROCESS is known by Futures Trades results.

This is the chart as of yesterday.

Just 12 Trades resulting into Rs. 280000 profit.

With one day to go today, this figure may become better or worse at the end of the day but this result is better than all the previous months so far.

Some Expiry Day trades are mentioned in another post.

I will repeat here:


HINDPETRO 270 PUT at around Rs. 3.00

MARUTI 8900 PUT at around Rs. 60-70.

Let us hope our trades do well today.

Stay cautious , stay alert. Trade profitably.

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.