October 2020 — Options Buying — Day 03

Market was on steroids for the second successive day. The cuts and injuries inflicted on Thursday were forgotten and over previous two trading days, NIFTY has emerged in perfect good health. We do not know who did the surgery and how, the results are there for us to see. Once again, there are joy riders […]

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Bucking The Trend — October 2020 Series — September 29, 2020

We had selected COALINDIA trade for CALL spreads on Friday as the stock was making 52 week lows. On Friday, it recovered from the lows and kept moving up yesterday. I had stated yesterday that it was time to start worrying a bit after 8 successive profitable trades. COALINDIA gave us enough cause for worry. […]

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Money In The Bank — October 2020 Series — September 29, 2020

BANKNIFTY was up 3.26% yesterday. It appears all the problems faced by the banks were sorted out over last two days. Nirav Modi and Vijay Mallya paid back their long overdue loans. All the non performing assets are now good loans. Banking is a thriving business with lot of new good borrowers with viable project […]

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Weekly Warrior — Nifty/ Bank Nifty — October 01 Expiry — Day 03

NIFTY was up 177 points yesterday. BANKNIFTY outshone the benchmark index and went better, up 3.26% ( 683 points ). Both these gains were enough to cause a big hole in our strategy. It is easy to think of a likely loss in a strategy. It is not easy to actually go through the process […]

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