Options Trading Report | 1 April 2019 | Update 01

SUMMARY | OPTIONS TRADING REPORT | 1 APRIL 2019


As we start off the new monthly series of April 2019, another leg of this exciting journey begins with my options trading report.

March series has been exceptionally good with my options trading and I hope to continue the winning streak this series also.

We need to keep focusing on selecting the scripts with high probabilities and let the market decide whether it wants to give us the benefit of the positions.

April is likely to see the continuation of the uptrend due to the effect of the elections but we need to be cautious.

Nifty PE ratio is at an all-time high at 29. This may be a very good probable reason for worry.

POSITIONAL IDEAS


For the last few trading sessions, I have been monitoring quite a few numbers of scripts.

I may not be able to post on a daily basis for the next couple of trading sessions due to my personal work commitments but I will do my best to update my positions.

I have still not taken any positions yet but here are the Scripts that I’m monitoring:


CALL OPTIONS:

  1. VEDANTA
  2. CASTROL

PUT OPTIONS:

  1. HINDPETRO
  2. IOC
  3. CIPLA
  4. ZEE ENTERTAINMENT

Any positions that I undertake in the next few trading sessions will be from this list for now. Wishing you all another successful month of options trading


DISCLAIMER: The Options Trading Report above is about my personal trades and intended for general Information and Educational purposes only. It is not a Buy/Sell recommendation. Please use your own risk management techniques. Any loss incurred from following my personal trades will solely be at your own risk.