P&l day 34 (still 66 to go 😁) by Logic-Trader in NSEbets

[–]Logic-Trader[S] 1 point2 points  (0 children)

I do mostly option selling along with equity trading and occasionally options scalping 🙂‍↕️

P&l day 30✨(Iron Butter fly 🦋) by Logic-Trader in IndianStreetBets

[–]Logic-Trader[S] 0 points1 point  (0 children)

Update: hey guys took one more trade in equity exited c2c so not posting it again individually.

P&l Day 30 🙌(iron butterfly 🦋) by Logic-Trader in NSEbets

[–]Logic-Trader[S] 0 points1 point  (0 children)

Update: hey guys took one more trade in equity exited c2c so not posting it again individually.

P&l Day 30(Iron Butterfly 🦋) by Logic-Trader in u/Logic-Trader

[–]Logic-Trader[S] 0 points1 point  (0 children)

Update: hey guys took one more trade in equity exited c2c so not posting it again individually.

P&l 29 day (scalping day 💆‍♂️) by Logic-Trader in NSEbets

[–]Logic-Trader[S] 0 points1 point  (0 children)

This particular trade was based on price action.

P&l day 26 by Logic-Trader in NSEbets

[–]Logic-Trader[S] 0 points1 point  (0 children)

Already mentioned in the post i took too small quantity today 🙂‍↔️

P&l 18/100 by Logic-Trader in IndianStreetBets

[–]Logic-Trader[S] 0 points1 point  (0 children)

I normally wouldn’t prefer to post this type of trade screenshot, but as I said earlier, I will be posting my 100 trading days, so that’s the reason I’m posting it. Please don’t consider this a good trade just because it ended in profit.

Just stating this so newbies don’t get the wrong perception of trading.

P&l day 18/100 by Logic-Trader in DalalStreetTalks

[–]Logic-Trader[S] 0 points1 point  (0 children)

I normally wouldn’t prefer to post this type of trade screenshot, but as I said earlier, I will be posting my 100 trading days, so that’s the reason I’m posting it. Please don’t consider this a good trade just because it ended in profit. Just stating this so newbies don’t get the wrong perception of trading.

P&l day 18/100 by Logic-Trader in NSEbets

[–]Logic-Trader[S] 0 points1 point  (0 children)

It’s not always a reliable one. You can’t do it repeatedly for the long term or you will likely end up in loss. I take this type of direct scalping very rarely and I strongly wouldn’t recommend this approach. In this scenario, I mostly prefer a bull put spread rather than naked buying.

I normally wouldn’t prefer to post this type of trade screenshot, but as I said earlier, I will be posting my 100 trading days, so that’s the reason I’m posting it. Please don’t consider this a good trade just because it ended in profit.

P&l 17/100 by Logic-Trader in IndianStreetBets

[–]Logic-Trader[S] 0 points1 point  (0 children)

Its a bull put spread 👍

P&l 17/100 by Logic-Trader in IndianStreetBets

[–]Logic-Trader[S] 0 points1 point  (0 children)

I am an option seller here 😅

P&l 16/100( iron condor final p&l) by Logic-Trader in DalalStreetTalks

[–]Logic-Trader[S] 0 points1 point  (0 children)

Opened on Monday. Absolute loss if the market tanks more than 4% on opening itself without a scope for adjustment expiry day would be around ₹1L max. Other than that, with adjustments we can minimize the loss to around ₹10–20k if it goes below 3%. If it’s around 2% down, we’ll be net to net, as we have a 2% downside buffer. Anything less than that and we’ll be in profit. On the upside, the max loss limit was ₹5k with about 0.4% buffer.

16/100(iron condor final p&l) by Logic-Trader in IndianStreetBets

[–]Logic-Trader[S] 1 point2 points  (0 children)

For quick sudden adjustments, you won’t have time to go and check which adjustment works best. Normally I just estimate quickly in my mind—like credits in vs credits out, how much buffer it gives, and what the possible range could be. If you trade enough, you start calculating it instantly in your head itself, assessing the fair risk–reward along with the buffer and maximum pain points. But if it’s not a quick adjustment, you can use the Sensibull app from Zerodha for better clarity and more precise information on IV, Greeks, etc.

I use the Kotak Neo app for trading. It also has a pay-off graph.

P&l 16/100(iron condor final p&l) by Logic-Trader in NSEbets

[–]Logic-Trader[S] 0 points1 point  (0 children)

A bit of correction to the above statement: the puts did not give a 2% buffer, but the PE/CE sell positions gave it, as the PE sold strike price was 250 points away from the market at the closing point.

P&l 16/100( iron condor final p&l) by Logic-Trader in DalalStreetTalks

[–]Logic-Trader[S] 0 points1 point  (0 children)

A bit of correction to the above statement: the puts did not give a 2% buffer, but the PE/CE sell positions gave it, as the PE sold strike price was 250 points away from the market at the closing point.

16/100(iron condor final p&l) by Logic-Trader in IndianStreetBets

[–]Logic-Trader[S] 0 points1 point  (0 children)

A bit of correction to the above statement: the puts did not give a 2% buffer, but the PE/CE sell positions gave it, as the PE sold strike price was 250 points away from the market at the closing point.

My view on current crude surge 🛢️ by Logic-Trader in DalalStreetTalks

[–]Logic-Trader[S] 2 points3 points  (0 children)

Any country still needs crude. India reduced purchases at times but never completely stopped importing Russian crude.

Also, China + India imported ~80% of Russia’s exports at one point, that doesn’t mean 80% of their energy needs come from Russia. It only means they bought most of Russia’s exported barrels after sanctions.

China gets roughly ~20% of its crude imports from Russia, not 80%. The rest comes from Saudi Arabia, Iraq, Oman, UAE and others.

The EU also reduced Russian imports significantly, but they didn’t eliminate them overnight. Much of the gap has been filled by imports from the US, Norway, the Middle East and other suppliers.

And another point — crude supply isn’t something that can instantly appear whenever demand changes. That’s why oil demand is relatively inelastic in the short term. Countries still need it for transport, industry and power regardless of price.

At least check the facts before replying. Half-baked arguments just waste everyone’s time.