Note: This is part of my newsletter that I sent to my subscribers on 18th of September, 2015. If you are interested to receive such newsletters please subscribe now at the bottom of this page.
Refer my last email sent yesterday. I said “One thing will SURLY happen tomorrow. VIX will fall. Currently at 22.00.”
INDIA VIX is currently at 18.16 which is -3.84 since previous close and is down by -17.45%. 🙂
And I am sure many of you would have traded the – “If moving up: Sell ATM Put and buy 100 points below put.”
And it should be in profit now. Please close it if your plan was to trade Intraday (day trade).
Now for people who have taken my option trading course.
VIX may fall further, up to 17 or something.
Since still we cannot say stability has come I would suggest trade strategy 1 only as I believe non-directional is best right now as tomorrow, that is on Monday, people will not know what to trade.
When there is no trade for few days its always best to trade the non-directional trade.
If you want to be aggressive you can directly trade strategy 2 but on the PUT side with more lots and Call side with less lots.
There are a lot of other trades we took this month.
Will send another email later which will cover all those.
As you can see, slow and steady will always win – hurry to make money and you fall face down first.
Hope you are learning as am I.
Call for option course: 90511 43004
Learn Option Course and benefit life long from the knowledge of conservative trading:
You Can Read More On My Site
TheOptionCourse.com Copyright @ All Rights Reserved
Dilip Shaw, Founder
Copyright Infringement: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. In other words I am a sub-broker. I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other forms of social media. I strictly adhere to laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles in this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given in this website. I am not responsible for any investment decision you take after reading any article in this website. Click here to read the disclaimer in full.