September 2020 — Options Buying — Day 18

We are down and out already having booked a loss of Rs. 28500 for September Series. But nothing prevents us from watching the market. Monday was a great day for watching. There was enough drama to keep everyone interested. I would have enjoyed such situations in the days prior to October 2019 when SEBI messed […]

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Bucking The Trend — October 2020 Series — September 22, 2020

Yesterday the down trend emerged strong. There was no indication of it as the day began. Suddenly it was all gloom and doom as NIFTY tanked 254 points. BANKNIFTY was also not to be left behind and it cracked 664 points. We had planned to set up a CALL spread in HDFCBANK. That was done […]

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Money In The Bank — October 2020 Series — September 22, 2020

Yesterday around noon, markets made a big down move. Banking stocks were also a part of the move and the BANKNIFTY index fell 3.02%. The only gainer was KOTAKBANK. At one stage it was up more than 3% but could not resist the steep fall and was finally up by just 0.37%. Not bad considering […]

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Weekly Warrior — Nifty/ Bank Nifty — September 24 Expiry — Day 03

The beginning of the week was destructive to say the least. Monday began with Nifty sedately trading in the positive zone. Around 12:30 market decided to go for a dive and kept going down and down till it drowned us. Nifty moved down 254 points and Bank Nifty 664 points taking our trades deep into […]

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