Staying Foolish, Staying Hopeful — November 2020 Series — November 13, 2020

For a change, NIFTY made a down move yesterday. Late recovery helped the index to close higher. The low of the day was 12624.85. There is a good recovery of 56 points from there. Our trades continued to languish as all the three stocks moved higher on a day the trend was negative. Position: SGX […]

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Money In The Bank — November 2020 Series — November 13, 2020

Yesterday the indices were down. The market fall was led by the banking stocks which had run up considerably over last few days. All the 12 stocks in BANKNIFTY were losers. Index going down or up does not matter for our trades. We are looking for out performance. That did not happen yesterday. There were […]

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Bucking The Trend — November 2020 Series — November 13, 2020

One day can make a difference. This is one saying which works in options trading. Only problem is that the difference can be harmful to us. On Wednesday, the day impacted us negatively. On Thursday, NIFTY moved down 58 points. COALINDIA was down 2.66%. This made a real big difference. On November 11, the position […]

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Not So Lazy — November 2020 Series — November 13, 2020

NIFTY moved lower yesterday. It was a change from the trend over last few days. That did not help us much. The ups and downs were balanced among the top 10 stocks. As mentioned yesterday, it was best to exit and set up fresh trades with new strikes. Closing the trades resulted in a profit […]

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