Comment on Stop Loss orders - Limit/Market

Rvk commented on 10 Aug 2013, 08:22 PM

Hi..

If today @3:10pm,i am bullish on index and i buy a [email protected] and for safe side a [email protected]
At 3:20pm I placed the SLM order for call 35 & for put 25 .tommorow the call opens @50
and [email protected] .my question is that…..
1. Is my SLM order will be activated till next day
2. If yes my put option will trigger in which price SLM placed value 25 or opened price 22

The purpose of the question is that to gain overnight riskless profit of ”5 points”. All of us
know about every day market opens with some small or sometimes larger breakouts . If
the above strategy can’t be work ”PLEASE” suggest me with better one’s or the all that idea
to make some overnight riskless points is about bullshit.

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