TradingView
bonnynit
Apr 19, 2018 2:59 PM

Yesbank 340CE short Short

YES BANKNSE

Description

Short 340CE above previous swing high.
Exit at 1-2% ROI due to high beta.
Comments
pratik2358
do you evn understand th erisk and reward in shorting options , gamma vega etc , and if i have to short why wont i will short 330 or 320 to eat theta ...!
bonnynit
@pratik2358, i am aiming for 1-2% return in a week's time. Yes bank makes some crazy moves and i want to be safe that's why i chose 340CE instead of 320 or 330. Please enlighten me on the risk rewards and the greek's theory if u can.
pratik2358
@bonnynit, definitely i can as the think you are saying that selling 340 ce is safe and selling 320 is not , dear it shows ypu are unaware of something called VEGA , and its vega play when comes to last week of expiry than theta , and the thing you called razy move is nothing else but BETA in our terms!
bonnynit
@pratik2358, brother i know about the jargon. how is last week a vega play?
pratik2358
@bonnynit, trade and realise , i do option writing and do trade in options . all the best ...
More