Amit_Ghosh

[Positional] SBIN IHNS Pattern Buy Trade

Long
NSE:SBIN   STATE BK OF INDIA
As per trade.

PS: I will sell PEs only as I think this rise is jumla lol.
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Comments

bahh darun laglo technical
Reply
Why you sell pe why not just buy ce
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Amit_Ghosh ajayshrm91100
@ajayshrm91100, I do not have risk capacity of buying options.
+1 Reply
coolpd Amit_Ghosh
@Amit_Ghosh, Didn't understood this!! isn't seeling option riskier than buying it as if by any news trend goes opposite upside risk is huge!! So, isn't risk of loss more? Edited to add: Gotcha didn't see wordings this rise is jumla, lol!
Reply
@coolpd, Who asked to sell naked? Do a put spread or call spread.

Regarding Option Buy, There are TWO things.

Amount of loss.

Chance of happening of such loss.

It is better to buy a Sikkim Lottery than to buy options. I don't have risk appetite to take such low win ratio trade despite blockbuster reward lol.
Reply
coolpd Amit_Ghosh
@Amit_Ghosh, Interesting. I have observed premium erosion even when moving in direction even though I have traded options only once. As I am more of a fundamental investor kinda guy. Now I think option buying is waste of money as chances of being in loss are high!!
Reply
@coolpd, dekh bhai aisa hai in simple words , sell karoge aur range bound market raha toh auto matically premium low ho jata hai , aur apne direction mai gaya toh bhi paisa banta hai ,
aur abhi nifty range bound hai chances are stocks bhi range bound rahenge ,
Reply
coolpd Vaishali420
@Vaishali420, Samaja!!
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Hi...any update on Target/ SL on this stock !
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Amit_Ghosh vinaykhera5
@vinaykhera5, There is no target. I will update TSL.

There is no SL. I will hedge if my heist fails. You keep your own SL if you want though.
Reply
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