Option Buying — November Series — Nov 18

NIFTY moved 100 points lower yesterday. GRASIM was one bad performer yesterday but we had already decided to get out of both the trades in GRASIM. Strangely, profit came through SELL CALL 1920 while BUY CALL 1860 ended up losing money. But to sell the CALL for retaining some part of the profit was a […]

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Money In The Bank — November 2021 Series — November 18, 2021

BANKNIFTY continued to fall yesterday. Our hedge trade with BANKNIFTY PUT 38500 is now nicely in the money and the current MTM status is showing profit just because of this. Yesterday was not good. We had BANKNIFTY going down and all 3 stocks losing on Tuesday also but the loss in stocks was smaller. Yesterday, […]

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Not So Lazy — November 2021 Series — November 18, 2021

NIFTY continued to move lower and had another 100 point loss yesterday. Two days of fall have knocked us out completely and we are likely to close the trades with a loss today. Tomorrow is a market holiday. We shall be closing the trades today. MTM position at close: This was written yesterday: I can […]

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Nifty Call Spread — November 2021 Series — November 18, 2021

Today we have weekly contracts expiry day. Market is closed tomorrow and we shall have a long weekend this time. Sold NIFTY 17900 CALL is to be closed today. With that we shall be concluding the November series trades. Position at close yesterday: The 100 point fall yesterday added a little to the MTM gain. […]

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