Option Buying — November 2021 — November 12

It was a mixed type of day for the two trades I had. GRASIM was down initially, moved higher and made a new high at 1893 when the market was going down. Then it came down sharply to a low of 1831.80. The closing price was 1844.35. CALL 1860 had a similar movement. Open at […]

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Money In The Bank — November 2021 Series — November 12, 2021

Banking sector had a bad day in the market yesterday. There was not a single gaining stock among the 12 BANKNIFTY stocks. BANKNIFTY closed at 38560. We are having 38500 PUT as our hedge trade and during the day, the index had gone below this level too. The trades are placed very precariously at present […]

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Not So Lazy — November 2021 Series — November 12, 2021

Market is giving us a tough time. We saw a loss, then got back into profit and are now tottering at the edge not knowing where the trades will end up. The fact is we never know which way the market is going. Only we fool ourselves with various theories and pretend that we know. […]

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Nifty Call Spread — November 2021 Series — November 12, 2021

Nifty was down 143 points yesterday. The fall was a little more than 200 points at one stage but some recovery towards close helped the index to get back to 17873. We closed our set of trades around 3 pm. Doing it earlier would have given better results but Nov 18 expiry trade would have […]

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