Update and new trades

Our trades:

1. Sell 8200 PUT (4 lots) and 7600 CALLs (4 lots) of NIFTY of October expiration. Monitor this on EOD basis and exit from loss making trade ( and stay foot in other trade) if and only if combined loss is more than Rs. 5000/- .
2. Sell DishTV 130 CALL around 1.80 of October expiration. If loss is more than Rs. 5000/- then just exit from trade.
3. Buy 2700 strike price TCS CALL around 38/- Loss could never be more than 5000/- so stay in the trade either till expiry or till quarterly results.
4. Buy 880 PUT of Sunpharma around 22 and Sell 840 PUT of Sunpharma around 10, loss could be maximum 3000/- and profit potential Rs. 7000/- so carry this trade till expiration. 
5. Southbank: Buy Southbank 25 CALL around 0.90/- SL 0.40. This bank is showing some urgency, trading above key averages with good volumes in recent past and who knows could able to make mega money for us.

Update

NIFTY:
NIFTY 7600 CALL was purchased around 370 and NIFTY 8200 PUT was sold around same price. Let us say 370/-
Trade is in profit and we will continue this trade.

DISHTV
We booked profit EOD today. Entry price 1.80 and profit booking around 0.80.
Trade closed.

TCS
TCS entry around 38-39 and currently trading at marginal profit. We will continue the trade.

SUNPHARMA
Not entered in to the trade.

Southbank:
It is in loss. Total loss today was Rs. 1000-1300/-. We are holding on to the trade.

New trades:
Sell NIFTY 7800 CALL (4 lots) at market price, if NIFTY opens below 7870. SL 325.
Buy DLF 145 CALL between 4.60-5.00 and sell 150 DLF CALL around 3/-


In short,
New trade set is as follows:

1. Sell 8200 PUT (4 lots) and 7600 CALLs (4 lots) of NIFTY of October expiration. Monitor this on EOD basis and exit from loss making trade ( and stay foot in other trade) if and only if combined loss is more than Rs. 5000/- .
2. Buy 2700 strike price TCS CALL around 38/- Loss could never be more than 5000/- so stay in the trade either till expiry or till quarterly results.
3. Southbank: Buy Southbank 25 CALL around 0.90/- SL 0.40. This bank is showing some urgency, trading above key averages with good volumes in recent past and who knows could able to make mega money for us.
4. Sell 7800 NIFTY CALL (4 lots) at market price, if NIFTY opens below 7870. SL 325
5. Buy DLF 145 CALL between 4.60-5.00 and sell 150 DLF CALL around 3/-. If you can manage the trade with strict SL then buy only 145 CALL.

So again we have total 5 trades. No trade should make loss more than Rs. 5000/-.
Disclaimer: This blog does not take any responsibility of your profit/loss