Nifty Options Trade – Jan 2015

Well when I wrote about Nifty Options trade post between Feb to April 2015 many people wrote to me asking what was the call for January 2015? In that post while mentioning the features of these calls I remember writing, it is a passive call. Normally no active participation required. Yes underline the word normally now. Sometimes market decides to go a big one side rally which normally difficult to anticipate. So, how to make money during such period or what strategy we played to make profits in January? Read on…

We had 2 Nifty Option Calls in January. First one is as usual we started the selling index options at previous month expiry and the second one is starting at middle once we closed the first option trade. Following is the details.

Nifty Option calls Given for January 2015

First Call for Jan 2015

Day of Entry – 24 Dec 2014

Call – SELL 7900 PE and 8500 CE at Dec 2014 expiry

MTM shown is for selling 1000 each of 8700 PE and 9300 CE

Profit realized – Rs.15250

7900 PE   8500CE   MTM
38.55   52.85    
35.15 3.4 46.25 6.6 10000
27.95 10.6 52.75 0.1 10700
28.4 10.15 52.45 0.4 10550
26.9 11.65 58.1 -5.25 6400
25.65 12.9 55.35 -2.5 10400
13 25.55 87.65 -34.8 -9250
12.6 25.95 70.75 -17.9 8050
53.35 -14.8 22.8 30.05 15250

Second Call for Jan 2015

Day of Entry – 06.01.2015

Call – BUY 8200 PE and 8200 CE at the close of first call on 06.01.2015

MTM shown is for buying 1000 each of 8500 PE and 8500 CE

Profit realized – Rs.488050

8200 PE   8200 CE   MTM
150.85   110    
160.75 9.9 103.15 -6.85 3050
91.9 -58.95 146.45 36.45 -22500
64.9 -85.95 175.45 65.45 -20500
49.3 -101.55 204.25 94.25 -7300
63.95 -86.9 174.95 64.95 -21950
67.25 -83.6 169.9 59.9 -23700
22.1 -128.75 338.45 228.45 99700
22.3 -128.55 352.55 242.55 114000
16.55 -134.3 385.9 275.9 141600
8.2 -142.65 519.95 409.95 267300
5.8 -145.05 542 432 286950
4.1 -146.75 583.05 473.05 326300
2.2 -148.65 640.15 530.15 381500
1.05 -149.8 724.55 614.55 464750
0.75 -150.1 703.15 593.15 443050
0.05 -150.8 748.85 638.85 488050

Second call is a rare opportunity in a market which may occur hardly once or twice in a year. So to make such a huge profit you need to be active once in the normal passive trading. It is worth to be active while just changing the calls to make huge money.

Remember second call has just taken Rs.260850 as investment to make almost double the money invested. So, following is the final profit realized in Nifty options trading during January.

First call – Rs.15250 + Second call – Rs.488050 = Rs.503300

buy nifty options

 

Finally do not ask me why that 8200 PE had bought? It is a secret and I never seen a rich person in market or business without losing money!!