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Naked Strangles On Weekly SPX Options
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Naked Strangles On Weekly SPX Options

  #11 (permalink)
Membership Revoked
Switzerland
 
Futures Experience: Advanced
Platform: Firetip
Favorite Futures: Bonds, Commodities, Indexes
 
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kkjalan View Post

Symbol/Expiry/Opt Type/Strike Pr/Qty/Best Buy/,Best Sell/,Sell Qty/,Last Traded Price,
NIFTY 28-Jun-12 CE 5900 5000 133 160.4 200 130
NIFTY 28-Jun-12 CE 5800 50 178 197.35 200 253.45
NIFTY 28-Jun-12 PE 5400 100 200 219.95 100 200
NIFTY 28-Jun-12 PE 5300 50 173 190 50 171

Nifty mar future is trading at 5537

its not true, that short selling have huge margins, for example if u sell both OTM CE and PE then ur margin will be INR 15000 (approx) per lot (lot size is 50).

So u are paying 30000 margin for 553700 exposure 5.4%

this is apart for your MTM,

I dont know about foreign markets but this seem reasonable.

what say

Hi

Will contact the person and ask him about this case. Let you know, what he thinks about it.

Delta_Panther

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  #12 (permalink)
Trading Apprentice
Kolkata , India
 
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Platform: NSE Now, Metastock 10, Excel
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Delta_Panther View Post
Hi

Will contact the person and ask him about this case. Let you know, what he thinks about it.

Delta_Panther

I didnt get you?

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  #13 (permalink)
Membership Revoked
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Futures Experience: Advanced
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kkjalan View Post
I didnt get you?

Hi

The data you show me are good for different strategies but not for a short straddle. Any way, data are data and nothing else. The point now is, that in reality people in India are not used to trade far out of the month strategies as the slippage is bad and liquidity will be very low.

So, are you going to take such trades in your home market? If so, let us know how you did.

Good trading

Delta_Panther

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  #14 (permalink)
Trading Apprentice
Kolkata , India
 
Futures Experience: Beginner
Platform: NSE Now, Metastock 10, Excel
Favorite Futures: Index Options
 
kkjalan's Avatar
 
Posts: 23 since Feb 2012
Thanks: 18 given, 7 received


Delta_Panther View Post
Hi

The data you show me are good for different strategies but not for a short straddle. Any way, data are data and nothing else. The point now is, that in reality people in India are not used to trade far out of the month strategies as the slippage is bad and liquidity will be very low.

So, are you going to take such trades in your home market? If so, let us know how you did.

Good trading

Delta_Panther

Very truly said, people here trade on near month options only,

No I don't take and directional trades, I am more interested in low risk low return arbitrage opportunities ( Basically a day trader) ,

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  #15 (permalink)
Trading Apprentice
Albuquerque, NM / USA
 
Futures Experience: Intermediate
Platform: TOS
Favorite Futures: Options
 
Posts: 1 since Mar 2013
Thanks: 1 given, 0 received

Warren,

Is there any way I can get a copy of this article you mentioned in your post?

I want to test this strategy.

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