Money In The Bank — October 2021 Series — September 30, 2021

On Tuesday, BANKNIFTY was down 226 points. That hurt our trades. Yesterday, BANKNIFTY was down 202 points again. That caused much more serious damage. This strategy thrives on outperformance by the heavy weight stocks. Yesterday all 3 were terrible underperformers. To add insult to the injury, SBIN moved up 3.33% because of which the fall […]

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Not So Lazy — October 2021 Series — September 30, 2021

The trades in this series were getting postponed since Friday, September 24. The reason was the volatile moves in NIFTY and lack of liquidity in the October series options. Volatility was still there yesterday as can be seen from the NIFTY chart for the day. Liquidity was an issue and few strikes had to be […]

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Nifty Call Spread — October Series — September 30, 2021

Another day gone and some more MTM loss added. Market was very volatile yesterday. To come out without a big loss itself is an achievement. CALL 17900 was bought back at Rs. 23.00 and CALL 17700 sold at Rs. 79.00. Today being the expiry day, we need to close CALL 17700 at some point and […]

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