today nifty put buy 2800@82 was hypotheical?

[soonil]

hello desidata team,

i know when u r doing continously good job people apreciate & even if one single mistake make u in critic. i `m not raising Q`s on ur professionalism

BUT

today nifty put buy 2800@82 was looking like hypotheical call,as yesterday nifty put 2800 was closed at 199, than how come it will touch to this magic number in single day & return us a profit.

i know market are directionless & it is not easy task to provide such call with such a efficient result & u don`t want to loose ur member`s more money in this market.

u guys r really doing gr8 job.

plz give us good call to recover us from this deep trouble.

thanks & regards
sunil

[Prasanthbhat]

Dear sunil,

Please be extra cautious while trading in options. 2 - 3 consecutive shedding even of 100 points each the call rates are going to penny levels. The same goes to put also. The volumes have also considerably reduced and prices are not reaching the pre-crash levels even while crossing over the strike price. The mantra for present market situation is


"STRICT STOP LOSS AND NO CARRY FORWARD"

eXIT +vely at the given stop loss in the call.


Happy trading