We are only having one trade in this series which is LT Futures shorted at Rs. 1330 and hedged with LT CALL 1300.

Nothing much happened with this trade on Friday and not much has changed today till 11 am.

The other trade suggested in HDFC could not be possible as the option price for HDFC PUT 2400 did not touch our price.

We try another trade today.

We short TITAN Futures at current price i.e about Rs. 1251 and buy TITAN 1100 CALL for Rs. 55-56

So far no trade has happened in CALL 1100. So we wait and watch. For every drop in Future price, we change the option price too.

Trade cautiously, trade profitably.

Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.