September 2020 — Options Buying — Day 14

NIFTY made an 81 point up move yesterday. Such a move happening close to expiry is trouble for the option buyer. The day was like the last straw that broke the camel’s back, camel here being ourselves. It was already a very tired camel struggling under the weight of losses from long time but plodding […]

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Bucking The Trend — New Series — September 16, 2020

In this series we began with two PUT spreads, one in RELIANCE and another in ASIANPAINTS. RELIANCE gave an opportunity and we took it to book a profit of Rs. 6363 on Monday. The status of the other trade in ASIANPAINT is shown here: For the last two sessions this stock is going down after […]

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Money In The Bank — September 2020 Series — September 16, 2020

Yesterday BANKNIFTY out performed the market in general. The gain in this index was 1.65% while NIFTY gained 0.71%. Our 3 stocks were also gainers though KOTAKBANK took a long time to turn positive. The gains were not spectacular, these were almost similar to the gain in the index but that helped. Mark to market […]

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Weekly Warrior — Nifty/ Bank Nifty — September 17 Expiry — Day 04

NIFTY moved up 81 points to go above 11500 level and closed at 11521 yesterday. BANKNIFTY too made a good up move but remains in the range 22000-23000. For us it is important that NIFTY stays between 11400-11500 and BANKNIFTY within 22000-23000. The problem this week is that the premium loss in bought options for […]

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