NIFTY options trading strategies for november 16th november 2011

hi friends,
              Back again.If u really like my blog and u r earning some money then please publish my blog on net wherever you can. Post it on Ur Facebook wall ,share them on social media wherever you can.   

Back to Business,those who listened to me  yesterday only or those who even got to enter my strategy in morning also earned at least 25% profit,as i said hold 5200 put earlier bot or if calls are sold hold them was again a huge success today. Nifty falling by 90 points and puts sky rocketing November puts earned more than 50% but we are avoiding November options just in case a bounce occurs u will be left with nothing but loss of money.so in order for time premium to be on our side we entered December.

Going ahead for tomorrow and ideal trader as advised by me should had exited 5200 put as told by me we need to exit at 5060 kinds of levels.Those who are new to option book profits when told and enjoy those profits make new purchases from them .Feel the energy of ur smart earned money. :) But i have not exited that put ,becos i always had missed such rallies many times.But this should not be done ideally.lets see

Going ahead Nifty has no idea where it is heading,Analyst everywhere will claim this level that level,its upto you to listen to them or not.But for options stick to levels ,Futures guys have big time level problem becos their margin increases as position goes against them this is not the case with options.

We are in the middle of nifty 5000 is stable level for nifty so if those who are still holding again i advise exit tomorrow .

Really long time back i had told 5800 call writing was the most winning trade those people are relaxing and earnings money.

Now we will wait till we get some confirmations if 5000 level is broken on closing basis buy 5000 PUT December of buy 4600Put January.Again same logic if we get a bounce we need to have some buffer in hand.

So watch for levels of 5000 break if we dont get a break and bounce wait i will inform you at what time again to buy puts or short calls still if we get a bounce again short the 5800 CALL.dont buy Puts .

bye