Option Buying — December 2021 Series — November 25, 2021

We have November Series F&O contracts expiry today. Our trades for November are already over. Trades for December were planned but could not be taken. We look for few trades today. TATASTEEL is a loser over 30 days and 7 day period. Options IV is around 43-44 and volumes for December series are good. We […]

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Money In The Bank — December 2021 Series — November 25, 2021

BANKNIFTY managed to stay in the green even while NIFTY took a dive in the afternoon session yesterday. ICICIBANK was a gainer, SBIN was a loser and HDFCBANK was just flat. This was good enough for some improvement in the MTM position. At some point during the day, I had seen it cross the Rs. […]

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Not So Lazy — December 2021 Series — November 25, 2021

Nifty closed 88 points lower yesterday. It lost almost 250 points from the high point of the day. It was like reverse of previous day. I tried to set up the trades but could not find enough liquidity in the option strikes which were required. The spreads between the Bid-Ask were too high and it […]

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Nifty Call Spread — December 2021 Series — November 25, 2021

Nifty ended up 88 points lower yesterday after being in the green for a long time. We had exited CALL 17800 NOV 25 in the morning and sold CALL 17500 NOV 25. By end of day, that also became almost worthless but was not closed. Position at close on Nov 24: As we have November […]

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