Option Buying Once Again — July 23, 2021

One day was enough to dash all the hopes. This was the status on Tuesday: This is what happened yesterday: Do I need to say anything more? Another losing month staring at me. Another reminder of failure. Another chance to rethink what went wrong. I will stay with the trades for today and see what […]

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Nifty Call Spread — August 2021 Series — July 23,2021

The series commenced yesterday with the following trades. NIFTY CALL 15000 AUG 26 was bought for Rs. 872 and NIFTY CALL 15800 JULY 29 sold for Rs. 98.35. Position at close: The beginning is fine. What should we expect from these trades? Let us listen to a reader who has been trading this strategy for […]

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Money In The Bank — July 2021 Series — July 23, 2021 — Closing Today

It is time to bite the bullet. Time to close the trades with whatever loss the market is giving. The positive move yesterday did not do much for our trades. BANKNIFTY was positive but not strong. It trailed NIFTY throughout the day. We needed strong performance from HDFCBANK and KOTAKBANK but both these stocks fizzled […]

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Not So Lazy — July 2021 Series — July 23, 2021 — To Close Today

NIFTY went up and up yesterday. The blues of Monday and Tuesday were forgotten and it was green all over again. Our trades would have done very well if HINDUNILVR had not played the spoilsport. It went above Rs. 2500 level only to crash below 2400 by end of day. This single trade took away […]

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