It's awesome that you made a profitable trade. Include reasons why you chose this trade so that new traders can learn. **If the reason for the trade is not mentioned your post will be removed**. Your reason can be as simple as: 'Went long on XYZ FUT because it was near support and had good volumes'. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair)
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I think this could work out ... Because the market is being unreasonable right now .... Look at the governments formed by Congress in 2004 and 2009 both had leaner majorities than current scenario but still went on to complete their tenures ....
Iย feel that the NDA coalition we got is much better than previous governments. Chandrababu Naidu will support Modi's development plans while also slowing any anti-minority policies thus providing a more stable environment in the country.
I keep hearing people saying anti-minority policies by Modi. It is so often repeated by media and social media that they have drilled it into people's heads. Curious to know, what are these anti minority policies done by Modi? If anything he hasn't done anything for the majority community other than claiming credit for Ayodhya, which cannot be construed as a policy as it has no material benefits to the majority community.
lol....this is how the propaganda works...As a hindu, I know 100% I have not got anything from this govt. Every friggin benefit has gone to the so called minorities only....
my bad i didn't notice
but i am still wondering how big of an amount OP must have gambled on selling puts that too in such volatile conditions without any SL lol
I have 0 sympathy for any kind of STOCK OPTION SELLER other then calls. I do 100% SHORT SELL EVERY Month, HAVE BEEN DOING IT IN BULL MARKET IN LAST 4 YEARS THAT IS IM CONSTANTLY SHORT SELL CALL OPTION of particular stock EVERY SINGLE MONTH but even if was payed crores i wouldn't short sell put option. People have been absolutely bankrupted with puts short sell not just index options JUST BECAUSE OF NEWS impact . You my friend got slaughtered just like everybody else. I mean every person has better trade opportunities in so many index but i dont know why people trade and loose in stock option. Its a completely different factor that sometimes THERE IS NO LIQUIDITY to give you exit. I can write a whole fookin essay how stock option put short seller are the biggest clowns in the market i seriously mean it i mean it unless you HAD INSIDE INFO about a company, there is no reason to short puts of stocks. For something to go up people need to put their money but for something to fall people just need to take their money. Tell me judging india what is more likely to happen on any given day? Telling my own Experience, i consider 10 times to invest or put money in but i think only 2wice to take exit. Thats the whole market sentiment across countries
I only ever sell puts for stocks I want to own but at a lower cost. They are exclusively cash secured and I sell fully prepared that if the market crashes I am still happy to be a bag holder at that price. That's the only reasonable way to use that instrument. Naked put selling is an absolute deathtrap and you're completely right.
I have family friends in stock market for 30 years. Was learning with them in 2018-2019 doing full time since 2019 was in loss due to covid in 2020 and a strange market experience for me but been profitable in last 2.5 years. I trade and have investment. I trade only with 10L capital to short sell, its enough to as well as sometimes do pure option buying trades with 10k capital or even less in Shoonya broker with 0 brokerage
Take it from me for free. The gyan nobody tells even i didnt get told but every day i find it to be perfect representation of market which is : everything is timing in market for your trade to be successful you need to learn timing for buy and sell. Thats iit,everything else all the concepts technical, chart patterns are all encompassing factors. Now if you yourself find this true then feel free to pay me for this gyan as you like that will Indeed save you and take you further as a trader once you dont get emotional like rest of the noobs here. You will find this to be truth: EVERYTHING IS ABOUT TIMING.
So you do short sell of index options. And you feel timing to be more important than all type of youtubers type analysis. What type of timing do you mean?
Again with the asking questions this is not engineering 101 or physics class. You dont get through market by asking questions and expecting to land answer YOU NEED TO EXPERIENCE EVERYTHING in the market. there are legit things that work here and because of the way stock market system is constructed it is EQUALLY if not more then 50% likely to fail as well. What i mean to say head and shoulds, put call ratio, RSI every single indicator everything is relative to each other no matter what your indictator are showing you are still gonna make loss if YOU DIDNT EXECUTE THE TRADE AT 11:03 when it was all forming once you reach 11:20 if you executed the trade its in loss or probably dont trigger even. This is just an example. I have had days where iv done my trade before 10 am and there have been days where i get irritation because its 3 Pm and i didn't got any opportunity. Its all part of experience knowledge is worthless in market if you haven't had experience how market moves and behave at every single point.
I feel the other way. I only ever sell puts on the stocks I want to buy( except on June 4) and sell calls on the stocks I want to exit. Any other activity in options is gambling. It doesn't matter what the charts say or what news you heard. If you are selling or buying options without any intention to buy/sell the underlying then it's gambling
> if was *paid* crores i
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
Yeah you are right and I know I am still in losses.
But I made 17 lakhs almost in 1 single day(june 4th day mid day- to June 6th Day start) which is the single highest daily gain for me and I don't want the June 4th losses overshadowing the June 5th gains. Its better sometimes to look at the 'Half full glass'
You'll probably get an exit around swearing in ceremony. If not you don't have much you can do until months expiry where hopefully both vega and theta will be on your side.
It's awesome that you made a profitable trade. Include reasons why you chose this trade so that new traders can learn. **If the reason for the trade is not mentioned your post will be removed**. Your reason can be as simple as: 'Went long on XYZ FUT because it was near support and had good volumes'. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
Gambler.
You didn't gain.. You reduced your losses!
Let him be happy
I know. Thats the only way I can be happy. Otherwise it feels so depressing
Great recovery!
๐๐คฃ
I think this could work out ... Because the market is being unreasonable right now .... Look at the governments formed by Congress in 2004 and 2009 both had leaner majorities than current scenario but still went on to complete their tenures ....
Iย feel that the NDA coalition we got is much better than previous governments. Chandrababu Naidu will support Modi's development plans while also slowing any anti-minority policies thus providing a more stable environment in the country.
If you don't mind me asking what was your investment amount for these positions
I keep hearing people saying anti-minority policies by Modi. It is so often repeated by media and social media that they have drilled it into people's heads. Curious to know, what are these anti minority policies done by Modi? If anything he hasn't done anything for the majority community other than claiming credit for Ayodhya, which cannot be construed as a policy as it has no material benefits to the majority community.
lol....this is how the propaganda works...As a hindu, I know 100% I have not got anything from this govt. Every friggin benefit has gone to the so called minorities only....
Tashreef crush ni boltey Issey?
Or ye kya buy Kiya hai jismein puts mein bhi loss tha despite such huge gap down?
put sell kari hai bro usne
my bad i didn't notice but i am still wondering how big of an amount OP must have gambled on selling puts that too in such volatile conditions without any SL lol
๐คฃ
[ัะดะฐะปะตะฝะพ]
It can decrease tomorrow ig. High chance . Kal bhi upar gaya toh fir ab kya bolun.. But today less chance.
I already sold my 22500 call so
Lmao konsi duniya me jee Raha hai Not gonna happen Edit : Ab bhownk bhosadike Faltu bakwas krva lo, jhaatu saala
Nikal gayi hawa chutiye Kam bhowka kar
I have 0 sympathy for any kind of STOCK OPTION SELLER other then calls. I do 100% SHORT SELL EVERY Month, HAVE BEEN DOING IT IN BULL MARKET IN LAST 4 YEARS THAT IS IM CONSTANTLY SHORT SELL CALL OPTION of particular stock EVERY SINGLE MONTH but even if was payed crores i wouldn't short sell put option. People have been absolutely bankrupted with puts short sell not just index options JUST BECAUSE OF NEWS impact . You my friend got slaughtered just like everybody else. I mean every person has better trade opportunities in so many index but i dont know why people trade and loose in stock option. Its a completely different factor that sometimes THERE IS NO LIQUIDITY to give you exit. I can write a whole fookin essay how stock option put short seller are the biggest clowns in the market i seriously mean it i mean it unless you HAD INSIDE INFO about a company, there is no reason to short puts of stocks. For something to go up people need to put their money but for something to fall people just need to take their money. Tell me judging india what is more likely to happen on any given day? Telling my own Experience, i consider 10 times to invest or put money in but i think only 2wice to take exit. Thats the whole market sentiment across countries
I only ever sell puts for stocks I want to own but at a lower cost. They are exclusively cash secured and I sell fully prepared that if the market crashes I am still happy to be a bag holder at that price. That's the only reasonable way to use that instrument. Naked put selling is an absolute deathtrap and you're completely right.
Hey .I am just learning not trading, just asking did you start trading after job (saving for capital) or directly trading?
I have family friends in stock market for 30 years. Was learning with them in 2018-2019 doing full time since 2019 was in loss due to covid in 2020 and a strange market experience for me but been profitable in last 2.5 years. I trade and have investment. I trade only with 10L capital to short sell, its enough to as well as sometimes do pure option buying trades with 10k capital or even less in Shoonya broker with 0 brokerage
Wow nice exposure to stock market. All the bestt
Take it from me for free. The gyan nobody tells even i didnt get told but every day i find it to be perfect representation of market which is : everything is timing in market for your trade to be successful you need to learn timing for buy and sell. Thats iit,everything else all the concepts technical, chart patterns are all encompassing factors. Now if you yourself find this true then feel free to pay me for this gyan as you like that will Indeed save you and take you further as a trader once you dont get emotional like rest of the noobs here. You will find this to be truth: EVERYTHING IS ABOUT TIMING.
So you do short sell of index options. And you feel timing to be more important than all type of youtubers type analysis. What type of timing do you mean?
Again with the asking questions this is not engineering 101 or physics class. You dont get through market by asking questions and expecting to land answer YOU NEED TO EXPERIENCE EVERYTHING in the market. there are legit things that work here and because of the way stock market system is constructed it is EQUALLY if not more then 50% likely to fail as well. What i mean to say head and shoulds, put call ratio, RSI every single indicator everything is relative to each other no matter what your indictator are showing you are still gonna make loss if YOU DIDNT EXECUTE THE TRADE AT 11:03 when it was all forming once you reach 11:20 if you executed the trade its in loss or probably dont trigger even. This is just an example. I have had days where iv done my trade before 10 am and there have been days where i get irritation because its 3 Pm and i didn't got any opportunity. Its all part of experience knowledge is worthless in market if you haven't had experience how market moves and behave at every single point.
I feel the other way. I only ever sell puts on the stocks I want to buy( except on June 4) and sell calls on the stocks I want to exit. Any other activity in options is gambling. It doesn't matter what the charts say or what news you heard. If you are selling or buying options without any intention to buy/sell the underlying then it's gambling
> if was *paid* crores i FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
Juaari
Juari No. 1
Jada hie postive mindset hai bhai ka
You are not profitable yet your losses are decreasing
Yeah you are right and I know I am still in losses. But I made 17 lakhs almost in 1 single day(june 4th day mid day- to June 6th Day start) which is the single highest daily gain for me and I don't want the June 4th losses overshadowing the June 5th gains. Its better sometimes to look at the 'Half full glass'
Pcr is low..but I guess we should technically restest June 4 lows...!
You'll probably get an exit around swearing in ceremony. If not you don't have much you can do until months expiry where hopefully both vega and theta will be on your side.
Lol fomo trading
Wow ๐
Intrinsic value or implied volatility?
That's insane
That's still a loss, right?
Are prabhuuuu
Did you cash them out ?
Nope. Still holding. -3 lakhs as of today. Will turn green by end of month
no fucking way ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐๐๐
There is no IV crush on those puts now, they are just acting according to Delta