Staying Foolish, Staying Hopeful — November 2020 Series — November 23, 2020

Staying hopeful. Hope is a drug which keeps a trader hooked to the bad trades. There have been events in the past where the tide turned in the expiry week and the position became profitable on the expiry day. That is when staying hopeful worked. When it does not work ( which is most of […]

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Money In The Bank — December 2020 Series — November 23, 2020

November series closed beautifully for us. On Friday, we had planned to set up the trades for December Series. In the early trades, BANKNIFTY was down and recovered as the day progressed. We had set up our trades early in the day. By end of day, we were slightly in profit on mark to market […]

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Bucking The Trend — November Series — Closed November 20,2020

On Friday, we closed both the sets of trades. In COALINDIA we had to book a loss, bigger than what we planned as the stock moved higher towards the close of day. After our trades, it again moved little lower. That too hurt. But that is how market behaves at times like this. In ONGC […]

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Not So Lazy — December 2020 Series — November 23, 2020

The trades in this series could not be initiated on Friday. We do that today. Simple process— Sell stock PUTS in top 10 NIFTY stocks ( by weight ) at around 2-3% away strikes. Buy 10 lots of NIFTY PUT at around 4-5% away strikes. After that we leave it to the market. The result […]

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