Day: February 21, 2023
Option Buying — February 2023 Series — February 21, 2023
Yesterday turned out to be lucky. After the initial flat trades, Nifty went lower and lower and finally was down 99.60 points. BANKNIFTY and FINNIFTY too were down. I had mentioned PUT trades in all these indices. BANKNIFTY PUT 41000 reached a high price of Rs. 524 but I kept waiting for more. That did […]
read moreNifty Spread Trades — March 2023 Series — February 21, 2023
Nifty down 91 points on Friday and 99 points yesterday meant that the index lost 190 points over two trading days. The gain from the SOLD Call option could not be more than the loss from SOLD PUT option. It was time for the trades to get into a losing position. That happens and we […]
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