RELCAPITAL CONDOR STRATEGY

BUY RELCAPITAL 390 CALL @17.8

BUY RELCAPITAL 400 CALL @12.5

BUY RELCAPITAL 410 CALL @ 7.9

BUY RELCAPITAL 420 CALL @ 4.2
Total Investment=2660
Maximum returns possible=12340
 Pay off table:

call option	closing price	profit from I	profit from IV	loss from II	loss from III	gross return	payoff
4.2	375	0	0	0	0	0	-2660
4.2	380	0	0	0	0	0	-2660
4.2	385	0	0	0	0	0	-2660
4.2	390	0	0	0	0	0	-2660
4.2	395	7500	0	0	0	7500	4840
4.2	400	15000	0	0	0	15000	12340
4.2	405	22500	0	7500	0	15000	12340
4.2	410	30000	0	15000	0	15000	12340
4.2	415	37500	0	22500	7500	7500	4840
4.2	420	45000	0	30000	15000	0	-2660
4.2	425	52500	7500	37500	22500	0	-2660
4.2	430	60000	15000	45000	30000	0	-2660
4.2	435	67500	22500	52500	37500	0	-2660
4.2	440	75000	30000	60000	45000	0	-2660
4.2	445	82500	37500	67500	52500	0	-2660

TRADE STATS OF 4 NOV 2015

TRADE STATS OF 4 NOV 2015

As on Nov 04, 2015 15:30:15 IST
Product	No. of contracts	Turnover (cr.)*	Premium Turnover (cr.)
Index Futures	2,09,836	12,017.99	-
Vol Futures	0	0.00	-
Stock Futures	4,40,084	22,992.47	-
Index Options	14,83,467	89,251.58	888.46
Stock Options	2,07,889	11,396.08	234.03
F&O Total	23,41,276	1,35,658.11	1,122.49

TRADE STATS OF 3/11/2015

Instrument wise Volume and Turnover

TRADE STATS OF 3/11/2015

As on Nov 03, 2015 15:30:18 IST
Product	No. of contracts	Turnover (cr.)*	Premium Turnover (cr.)
Index Futures	2,06,306	11,747.52	-
Vol Futures	1	0.09	-
Stock Futures	4,24,688	21,864.48	-
Index Options	14,49,551	87,233.68	903.00
Stock Options	1,86,334	9,894.81	207.69
F&O Total	22,66,880	1,30,740.58	1,110.68

 

TRADE STATS FOR 2-11-2015

TRADE STATS FOR 2-11-2015

As on Nov 02, 2015 15:30:45 IST
Product	No. of contracts	Turnover (cr.)*	Premium Turnover (cr.)
Index Futures	2,11,179	12,025.29	-
Vol Futures	0	0.00	-
Stock Futures	4,74,770	24,086.88	-
Index Options	16,18,846	97,343.04	1,024.91
Stock Options	2,16,466	11,303.81	243.05
F&O Total	25,21,261	1,44,759.01	1,267.96

Trade Stats for 30-10-15

Trade Stats for 30-10-15

As on Oct 30, 2015 15:30:41 IST
Product	No. of contracts	Turnover (cr.)*	Premium Turnover (cr.)
Index Futures	2,79,804	16,080.39	-
Vol Futures	0	0.00	-
Stock Futures	6,24,231	32,010.11	-
Index Options	17,65,907	1,07,387.77	1,117.10
Stock Options	2,84,275	14,798.72	314.16
F&O Total	29,54,217	1,70,276.99	1,431.26

OUR LT BUTTERFLY STRATEGY ROCKS….!!!!!

CLOSING PRICE OF LT IN CASH WAS 1468.50

""REWRD IN LT STRATEGY IS 3250 @ RISK OF 750""

TRADE STATS FOR 28 OCT 2015

Trade Stats for 28-10-15

Product	No. of contracts	Turnover( cr.) *	Put Call Ratio	Premium Turnover ( cr.)
Index Futures	8,92,824	28,996.34	-	-
Vol Futures	0	0.00	-	-
Stock Futures	19,53,864	66,845.91	-	-
Index Options	1,28,10,561	3,14,505.50	0.92	1526.72
Stock Options	5,80,803	17,981.78	0.61	204.81
F&O Total	1,62,38,052	4,28,329.54	0.90	1731.54

Call Calendar Spread

 Using calls, the calendar spread strategy can be setup by buying long term calls and simultaneously writing an equal number of near-month at-the-money or slightly out-of-the-money calls of the same underlying security with the same strike price
Calendar spreads, also known as time spreads, are extremely versatile strategies and can be used to take advantage of a number of scenarios while minimizing risk. A calendar spread consists of buying or selling a call or put of one expiration and doing the opposite in a later expiration. More often than not, this involves buying or selling an option in the front month (the expiration closest to the current date) and selling or buying an option of the same strike either the next month or a few months out. They can also be done using weeklies instead, especially around events. Call or put calendar spreads look alike on a graph of profit and loss.

'Outright Option' call & put

An option that is bought or sold by itself; in other words, the option position is not hedged by another offsetting position. An outright option can be either a call or a put.
When option traders first get their feet wet trading options, they often just buy call options for a bullish outlook and put options for a bearish outlook. In their defense, they are new so they probably do not know many if not any advanced strategies which means they are limited in the option strategies they can trade. Buying call options and put options are the most basic but many times they may not be the best choice.
In addition, simply buying call options and put options without comparing and contrasting implied volatility (Vega), time decay (theta) and how changes in the stock price will affect the option premium (delta) can lead to common mistakes. Option traders will sometimes buy options when option premiums are inflated or choose expirations with too little time left. Understanding the pros and cons of an option spread can significantly improve your option trading.
BREAKING DOWN 'Outright Option'
Most option trades involve outright options. The opposite strategy to purchasing outright options is a spread trade strategy, which involves purchasing one option and selling another option of the same class but of a different series

Option Volatility

 variable in option pricing formulas showing the extent to which the return of the underlying asset will fluctuate between now and the options expiration. Volatility, as expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities
One of the most important steps in any option trade is to analyze implied volatility and historical volatility. This is the way option traders can gain edge in their trades. But analyzing implied volatility and historical volatility is an often-overlooked step, thus making some trades losers from the start.
Volatility changes can have a potential impact - good or bad - on any options trade you are preparing to implement. In addition to this so-called Vega risk/reward, this part of the options volatility tutorial will teach you about the relationship between historical volatility (also known as statistical, or SV) and implied volatility (IV),
Implied Volatility and Historical Volatility
Historical volatility (HV) is the volatility experienced by the underlying stock, stated in terms of annualized standard deviation as a percentage of the stock price. Historical volatility is helpful in comparing the volatility of a stock with another stock or to the stock itself over a period of time
In contrast to historical volatility, which looks at actual stock prices in the past, implied volatility (IV) looks forward. Implied volatility is often interpreted as the market’s expectation for the future volatility of a stock. Implied volatility can be derived from the price of an option. Specifically, implied volatility is the expected future volatility of the stock that is implied by the price of the stock’s options. Implied volatility is often interpreted as the market’s expectation for the future volatility of a stock. Implied volatility can be derived from the price of an option. Specifically, implied volatility is the expected future volatility of the stock that is implied by the price of the stock’s options.