October 2020 — Options Buying — Day 19

Option buyers are eternal optimists. They have to be. Nobody gives them a chance. They have to keep hoping that something good will happen soon. At most times, that does not happen. When it does, life in the market looks better. Yesterday was once again a gaining day for the index. After staying above 11900 […]

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Bucking The Trend — October 2020 Series — October 21, 2020

We had no trade as the day began. A trade with RELIANCE CALL spread was planned. The strike prices were revised from what were mentioned in the post yesterday. Trades: At the end of day, these trades were showing some profit. So the beginning is good. How we go further from here will be seen […]

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Money In The Bank — October Series Closed — October 21, 2020

BANKNIFTY did not do much yesterday. That was expected after a big rally over last few days. We had planned to close the trades with a profit of about Rs. 8400-8500. That opportunity came during the day and the trades were closed as shown here: The net result of these closing rates: The third set […]

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