Brother, may I know at how much lot size we can take in options & in futures as the volumes are low at times
Partha_Dolui
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@tusthecool, in the future contract volume is not an issue but if options it is. Try not to take far away strike option because if your option become itm on expiry then you have to take delivery. For example, I have bought 75 pe which is otm option so even in case of low volatility I am not able to square it off I will be safe from delivery.
pegasusdoc
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Nice technical analysis..but at such high cost of crude. The RBI would not let the dollar appreciate. They will open the flood gates of the foreign reserves. So fundamentally risky to buy futures
pegasusdoc
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@pegasusdoc, but like you already mentioned tight hedge will prevent loss
Partha_Dolui
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@pegasusdoc, thanks for the appreciation. I totally understand your point. I trade according to technical mainly. And India had to do massive payment this year so we can see a good amount of uss reduction in our reserve. I guess that's why we witness such a massive appreciation of INR in last one month so that RBI can control the inr when we start paying our international borrowings.
Partha_Dolui
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I can be wrong that's why going with hedge. Giving some profits for better managing risk is always a good choice for me. I can add position of my analysis is right or else will book loss without any second thought.