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Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10274 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 01:52 pm: |
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Jackjill: Nope, I did not send any invite.
hmm... just got an email to my personal email id that said 'Join me on Expert Trading Community - Traddr' Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9848 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 01:43 pm: |
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Mrhyderabad:Did u just send any invite? If yes, meeru ABCD aa? or is just a screen name?
Nope, I did not send any invite. BTW, I am not an ABCD - I am a great Chittorean, bought up in Hyderabad. |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10273 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 01:35 pm: |
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Jackjill:
Did u just send any invite? If yes, meeru ABCD aa? or is just a screen name?  Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10272 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 01:18 pm: |
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Jackjill:Job unte vadili pettukuni ee pani endhuku meshaaru?? why??
i think i confused u with diff info. ex-colleague day trading diff case, prop trading companies diff... to start with simple call/put tho play chesi then move to complicated spreads better emo kadaa Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9844 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 01:03 pm: |
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Mrhyderabad:btw, any idea on prop trading... i know not many go for it these days but jersey lo there are few who charge small amount and give you training on day trading... after 1-2 weeks of mock trading, we can start with as little as 5k and they give 15x margin... daily loss limit 300-500... 80-20 % split in profit etc
college drop outs chesthaaru Boston lo idhi Proprietary Trading - Day Trading lo you have to close out your position by end of the day, overnight margin rates pelthaayi. 10% success rate, risk is not worth it antaaru chaala mandhi. Job unte vadili pettukuni ee pani endhuku meshaaru?? why?? Kompateesi job maintain chesthu DB chesinattu chestaanu antaara - stress ekkuva aipotundhi andi 2PM avvagaane positions red lo unnayi anukondi BP raise aipotundhi. Though its your decision, i do not recommend Prop trading. |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10271 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 12:57 pm: |
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Jackjill:start with a small investments, try to play on the stocks in your portfolio and hedge any major stock movements, this way you can learn mechanics of option trading and keep track of your portfolio as well.
ok guru ji.. thanks a lot for taking the time to explain patiently. etrade lo ippude online app submit chesaa options trading account upgrade ki + margin trading account ki btw, any idea on prop trading... i know not many go for it these days but jersey lo there are few who charge small amount and give you training on day trading... after 1-2 weeks of mock trading, we can start with as little as 5k and they give 15x margin... daily loss limit 300-500... 80-20 % split in profit etc worth or scam? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9843 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 12:50 pm: |
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Mrhyderabad:
There is no straight answer for your questions. Some people get lucks in options, where some people prefer stocks. Primary concern with Options is expiration, which requires quite a bit of attention from us. Yes, you can make hefty gains if you are on the right side of the trade, but risk is also very high. 60% return is very high on stock portfolio, but if you are interested you can try a hand in the options - start with a small investments, try to play on the stocks in your portfolio and hedge any major stock movements, this way you can learn mechanics of option trading and keep track of your portfolio as well. |
   
Maverick
Legend Username: Maverick
Post Number: 43070 Registered: 01-2008 Posted From: 70.39.176.116
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 12:43 pm: |
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Mrhyderabad:end of the year 62% profit.
koddiga naa portfolio manage cheyyandi raogaru Who is this DB member? |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10269 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 12:40 pm: |
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Jackjill:
ok 'ardham'ayindi.. will do more homework bottom line, can u make more money with options than regular stock trading? risk less or more? 2012 lo max 10 trades chesi vuntaa through out the year.. never lost on a trade... end of the year 62% profit. should i better continue that or options give more return using the same fundamental betting Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9841 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 12:23 pm: |
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Mrhyderabad:how can i place Jan05th calls on Jan 30th?
They will expire in two days, you could have placed the order.
Mrhyderabad:price - 0.13 ani vundi - is that the fees?
0.13 is the premium, each option contract most of the time has the size of 100 stocks, so 100*0.13 would have been $13 per contract.(not including transaction costs). Mrhyderabad:oka 10K petti vunte enta profit in this case?
Profit would have been price difference between Jan 30th and tomorrow or whenever you close your options * No. of contracts you bought. 30th price & current price of both Jan13 call & Feb13 call unte payoff calculate cheyyochu, ballpark numbers.
Mrhyderabad:and how long does it take for the both the orders to execute and there by realizing profit? 1 week?
Execution should not take more than 20 mins, most cases trade confirmation next day vastayi. You will realize your profit whenever you close your trade. Options can be traded actively, and most the traders never wait to exercise the options(ante BUY/SELL shares of underlying), so they sell the options for cash. |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10264 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:58 am: |
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Jackjill:Sell jan 5th 2013 Calls with 32 Strik3
how can i place Jan05th calls on Jan 30th? price - 0.13 ani vundi - is that the fees? oka 10K petti vunte enta profit in this case? and how long does it take for the both the orders to execute and there by realizing profit? 1 week? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9840 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:55 am: |
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http://www.chalanachithram.com/discus/messages/125/194692.ht ml Read through this thread. Start with basics, what is call & what is a Put before moving onto sythetics and spreads. Let us take an example and calculate payoff and see if it helps you. |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9839 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:52 am: |
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Mrhyderabad:i didn't know how to make head and tail out of it
Sell jan 5th 2013 Calls with 32 Strik3 And Buy Feb 2nd 2013 @ 32 strike. The trade your friend suggested would have been in the money, depending on the premiums you paid and transaction costs. With such a short time to expiration both the options would have had low premiums.(screen shot lo premium info ledhu) |
   
New_user
Megastar Username: New_user
Post Number: 23697 Registered: 02-2008 Posted From: 173.19.21.238
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:49 am: |
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Underlying ante, FB Stock price. |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10259 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:42 am: |
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Jackjill:underlying will not move
what does that mean? what is unerlying? investopedia lo choosina similar terminology vundi ardham kaaka thread vesaa may be i need some formal training on options trading Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10258 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:40 am: |
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Jackjill: Jan 2013 options expired on Jan 18th evening, how could you have placed this trade yesterday?
no idea mastaaru... lehman bro ex-colleague okadu high paying FT job quit kotti full time day trading chesthunnadu for some time... vaadini give me some suggestions ante... i will send you some sample orders when i ever i have time.. play around annadu so he sent this screenshot yday afternoon i didn't know how to make head and tail out of it Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9838 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:39 am: |
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New_user:Jan di weekly option le.
weekly options tho calendar bets, I feel that it is too short of a time to realize profits on time decay. Anyway, calendar bets were very famous on low volatile assets such as MSFT stock, Silver(few years back) and so on. Our bet is that the underlying will not move shraply. |
   
New_user
Megastar Username: New_user
Post Number: 23694 Registered: 02-2008 Posted From: 173.19.21.238
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:33 am: |
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Jackjill Jan di weekly option le. |
   
Chillarodu
Side Hero Username: Chillarodu
Post Number: 2775 Registered: 03-2008 Posted From: 173.162.149.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:30 am: |
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Mrhyderabad:Let's say you were placing this order yday when FB was trading at 31-32 What r we trying to do here?
I could not see the screenshot but let try to explain.. ninnati scenario: FB price - $31.20 FEB13W131C (Feb 1st expiration, strike price 31, Call) - $1.80 FEB1331C (Feb 15th exp, strike 31, Call) - $2.00 ippudu nuvvu sell FEB13W131C and buy FEB1331C chesthe... your cost(debt) will be $.20 oka 100 contracts execute chesthe.. it will be $2000 (this is your risk) if you do not close this position by tomorrow.. assuming FB stays below $31.00 nuvvui ammina FEB13W131C will be worthless.. you will left with FEB1331C .. which could be $0.60 worth.. your profit would be 200% You could further extend this position on next monday.. by selling Feb week 2 31 call option and take some premium.. |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9837 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:29 am: |
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Mrhyderabad:also, if this order was placed yday, would that have been win or loss? how much?
Jan 2013 options expired on Jan 18th evening, how could you have placed this trade yesterday? Options on most of the American exchanges expire third Saturday(Friday end of day) of the month. Options lo basics 1) Stock Price 2) Strike Price 3) Expiration/ Time to maturity 4) Premium. So for Calendar bets, you have to pick options on Same stock with same strike price but with different expirations, premium in most of the stocks will be higher for option with longer maturity. So Short the near term option, in this example sell the Jan 13 expiration and Buy Feb 13 expiration. And to answer your question, FB is trading at 30 today, so you would have made some profit. |
   
New_user
Megastar Username: New_user
Post Number: 23691 Registered: 02-2008 Posted From: 173.19.21.238
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:28 am: |
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Company X next quarter (June) lo results baga vastayi ani expect chestunnavu. Results tharavatha, price 100 nundi 120 ki velthundi ani guess kottavu. So, you ll buy June 100 calls. June mundu, price 100 or below untundi, ani neeku nammakam. So, May 100 Calls nuvvu ammeyyochchu, premium miguluthundi. |
   
New_user
Megastar Username: New_user
Post Number: 23690 Registered: 02-2008 Posted From: 173.19.21.238
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:23 am: |
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Vachchindi, adi ad anukunna. Trader is expecting, by Jan expiration, FBs price will stay below 32.13. |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10253 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:20 am: |
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Jackjill: does it make sense?
stocks/etf/mfs etc straight gaa buying/selling tappa ee options etc no idea time vunte konchem layman terms lo cheppandi if possible... also, if this order was placed yday, would that have been win or loss? how much? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
New_user
Megastar Username: New_user
Post Number: 23689 Registered: 02-2008 Posted From: 173.19.21.238
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:18 am: |
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Screenshot lo nakemi raledu, Browser issue na? |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10252 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:16 am: |
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New_user:
but can u explain the trade in the screenshot? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 9835 Registered: 03-2008 Posted From: 115.109.211.23
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:16 am: |
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In general, Calendar spreads are Low volatility bets. You sell near term Options and buy long term ones, as the time decays your short position makes you money. Your bet is that the underlying will not move in near term. Even if the underlying moves, your long term option position will be in the money. Example in the screenshot you gave - Sell Jan 13 calls and Buy Feb 13 Calls, collect premium on Jan 13 calls and as they expire worthless on expiration close your Feb position to lock in the profit. does it make sense? |
   
New_user
Megastar Username: New_user
Post Number: 23688 Registered: 02-2008 Posted From: 173.19.21.238
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:15 am: |
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Results announcement ki mundu, calender spreads, antha manchi idea kadu. You ll end up losing money. |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10250 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 11:12 am: |
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Any one else? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
   
Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 10244 Registered: 01-2008 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, January 31, 2013 - 10:47 am: |
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Calender spread meeda any idea? Appreciate if you can explain this order: http://tinypic.com/r/33c4wzo/6 Let's say you were placing this order yday when FB was trading at 31-32 What r we trying to do here? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |