intra gain on use of 10 k on 27 April

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guru: What will be infosis tommorow
kailash Chaturvedi: guru chat wid ur yahoo id
guru: I brought Infosis 2450CE April @ 24/-  premium. Now it is around 2/-
kailash Chaturvedi: infy was in buy mode today
guru: But I brough the call option bon thurusday (i.e oneday before the result)
kailash Chaturvedi: o
kailash Chaturvedi: k
guru: I am having 6 lots, all are call options of April.\
kailash Chaturvedi: who advised u to buy
kailash Chaturvedi: see infy closed positive today
kailash Chaturvedi: gud sign
kailash Chaturvedi: for bulls
kailash Chaturvedi: low was higher than previous days low
kailash Chaturvedi: so hope for best
kailash Chaturvedi: decay will be there
kailash Chaturvedi: as only 5 6 sessions left ahead
guru: Shall i close the Options or wait till 5-6 sessions
kailash Chaturvedi: for that u need continue super vision/ monitoring
kailash Chaturvedi: r u having any expert
kailash Chaturvedi: for getting support
guru: just friends and some news papers
kailash Chaturvedi: so please take their guidance and act accordingly
guru: What is your opinion
kailash Chaturvedi: i told u it may reach above 2550  before expiry
kailash Chaturvedi: but if  corrected than have to exit
kailash Chaturvedi: at highs
kailash Chaturvedi: and re enter at lows
guru: Today I brough 4 lots of SBI PE2050@ 9/-. hoping SBI will comedown. But it went reverse and the pemium has gonedown to 4
kailash Chaturvedi: will u introduce urself
kailash Chaturvedi: FIIs were net buyers on 17 Apr 12... but booked some profit in index options ...what they booked ???
calls or puts ?  http://www.dhanvarsha.in/2012/04/fiis-were-net-buyers-on-17-apr-12.html
guru: es I am Gurumurthy K from Hyderabad and working in a software company. I do like trading in equites, Futures & options.. My Brokarge is arround 10000 -15000 thru ICICIDIRECT.COM
kailash Chaturvedi: u r paying brokerage 10 to 15 k pm
kailash Chaturvedi: at icici
guru: Yes thisis mainly  due to F&O activites
kailash Chaturvedi: and what is ur earning from market per month
guru: arround 10k-20k. Most of the times loss. But i am getting benefit  form cash market
kailash Chaturvedi: i have 1 doubt
kailash Chaturvedi: u said u bought  infy call before result
kailash Chaturvedi: how u got it too cheap
kailash Chaturvedi: before result
guru: Yes, on wednesday I expected that the scripp would go down to 150-200 on the result day. Hence, I purcahse the 3 lots  on wednesday (2500PE@8,9,8.5). But on friday morning i put squre-off @40/- for each and 2450,2550 CE. That day eveing while I watching I got surpised that the 2500PE went up to 132/-
kailash Chaturvedi: so u gained 30 points in pe
kailash Chaturvedi: and loosing some in pe
guru: I am having 75 SBI in open market witha averge of Rs.2125/- Hence I put sell @ 2375.
kailash Chaturvedi: do u feel it is limit ?
guru: Also put otpion 2050 @ 9/-. WHereas the cash market went upto 2347/- and my put-optionexcuted which is now very less.  What action tommorow
guru: Yes limit 2375/- for stcoks of 75 nos
kailash Chaturvedi: u mean ve 2375 ?wont trade ab
kailash Chaturvedi: ** u mean wont trade above 2375 ?
guru: I though that the share would go upto 2375-2390, if RBIgive good report. Incase it is bad, the Put-option 2050PE will go accordingly. In bothway it would be better.
guru: But the cash price has gone upto 2347 whereas the put-option went down
kailash Chaturvedi: ok
kailash Chaturvedi: u bought 2050 @ what rate?
kailash Chaturvedi: and qty
guru: Brough 2 lots of SBI2050PE @ 9/-
kailash Chaturvedi: 250x9 2250
guru: Yes, the premium Rs.9/- has come down to Rs3.30
kailash Chaturvedi: ok
kailash Chaturvedi: i feel brokerage is too much at icici
guru: for each lot they are chrging Rs.75/-
kailash Chaturvedi: oh
kailash Chaturvedi: do u know any cheapest broker
guru: Yes there are some brokers offering very less rates. One has to see the security and transpernsy
guru: I deal with IIFL, eedelwiis, ICICI, settelcity .... But I prfer ICICI evethogh the charges are higher
kailash Chaturvedi: suppose u   have selected 1 cheap broker
kailash Chaturvedi: and transfered 15k  for options trading in it
kailash Chaturvedi: if  that is not secure
kailash Chaturvedi: what it will take from u ?
kailash Chaturvedi: and i think u can save 6 to 8 k brokerage per month
guru: I got your point and agree with you.
kailash Chaturvedi: and after withdrawl of 15 k
kailash Chaturvedi: there is nothing left with broker
guru: For that reson, I am discussing with the edilweis manager for Rs.35/- per lot. In that case, I will do the F&O in edilweis
kailash Chaturvedi: do u feel 20 rs per trade is gud
guru: Who is giving
kailash Chaturvedi: zerodha
kailash Chaturvedi: bangalore based broker
kailash Chaturvedi: unlimited trade @ rs 20
kailash Chaturvedi: trade 40 lots
kailash Chaturvedi: and pay 20 rs only
kailash Chaturvedi: in that cas1 re gain is gud  enough
kailash Chaturvedi: in nifty option
guru: how much safe  they are
kailash Chaturvedi: u can trust i m having 17 18 accounts introduced by me since 1 year
kailash Chaturvedi: give me ur contact details
kailash Chaturvedi: for further communication
guru: Edielwies will down for 25/- per lot
kailash Chaturvedi: zerodha giving unlimited volume in only 20 rs per trade
guru: could you introduce your-slef
kailash Chaturvedi: my self kailash chaturvedi
kailash Chaturvedi: owner of this blog site
kailash Chaturvedi: age 52
kailash Chaturvedi: is it ok ?
guru is typing...
guru: Thnak you,
kailash Chaturvedi: what about u ?
Visitor 1924 has signed out. (4/17/2012 10:31 PM)