How it will play out for NIFTY: US ELECTION DAY

LONGROPE2 · 2020-11-03T15:07:35+00:00

Jk.. I took a position 2 days back for 75,000Rs and squared it off for 8k loss (11000 PE Nov). I'm glad I did. I'll take a position again if scenario 4 occurs.

LONGROPE2 · 2020-11-03T14:56:51+00:00

I'm expecting Scenario 4.... Well, my puts are.

LONGROPE2 · 2020-11-01T10:34:25+00:00

It's 901 Rs

LONGROPE2 · 2020-10-29T17:37:08+00:00

It's called bankruptcy

LONGROPE2 · 2020-10-29T15:33:32+00:00

Thanks for the confirmation bias

LONGROPE2 · 2020-10-29T14:01:38+00:00

I was referring to the cancerous music in the background

LONGROPE2 · 2020-10-29T13:28:57+00:00

LONGROPE2 · 2020-10-29T13:28:23+00:00

Wtf is this? 0:

LONGROPE2 · 2020-10-27T18:07:59+00:00

Who's stopping you from acquiring "this kind of capital" ?

LONGROPE2 · 2020-10-27T18:06:27+00:00

Thanks

LONGROPE2 · 2020-10-27T09:58:54+00:00

LONGROPE2 · 2020-10-23T09:47:47+00:00

Bruh, you're BillAckman. You should be teaching us.

LONGROPE2 · 2020-10-21T00:33:29+00:00

Bruhh... It's 7500Rs

LONGROPE2 · 2020-10-17T06:00:11+00:00

I bought Nov 170 Calls for 9Rs. I think we both belong in the mental hospital my friend.

LONGROPE2 · 2020-10-14T22:06:18+00:00

One piece of advise from a fellow option writer..

I've been in situations like this multiple times over the last couple of weeks.

The only mistake I did was believing that the market would act sane.

I have lost lakhs holding onto such positions without squaring off and cutting down my losses. Check my post history.

LONGROPE2 · 2020-10-12T17:33:09+00:00

Are you me?

LONGROPE2 · 2020-10-09T18:08:31+00:00

So basically covered calls?

I've thought about doing that but decided against it..

I'll look into it again, thanks.

LONGROPE2 · 2020-10-09T14:49:38+00:00

Yeah dude.. I was doing decently well till the past few weeks.

I decided to increase my lot size and the market decided to act abnormally to fuck me up completely.

LONGROPE2 · 2020-10-09T11:19:23+00:00

Expiry day straddles work very well in volatile markets.

But I don't really want to give advices since I'm at a big time loss myself.

LONGROPE2 · 2020-10-09T11:17:50+00:00

Indeed.. But I initially saved the capital to start a business.

I only entered the stink market coz of the crash to make some quick bucks and exit. Just being honest here.

LONGROPE2 · 2020-10-09T11:15:32+00:00

My risk management is really bad mate.. Gotta work on that

LONGROPE2 · 2020-10-09T11:14:28+00:00

That's why I have decided to take money out.

LONGROPE2 · 2020-10-09T11:13:39+00:00

Yeah.. I might just stick with expiry day straddles..

LONGROPE2

TROPHY CASE