Bank Nifty fell by about 200 points yesterday.
The fall was sharp in the second half of the day and brought Bank Nifty to below 29500.
But I find that the strategy that worked very nicely for April Expiry can not be initiated even at yesterday’s prices.
The returns are not worth the capital required for the trade.
So we do not initiate the strategy for yet another day.
No risk when we do not take a trade.
All the best.
Comments
PRAKHAR April 26, 2019 at 4:20 am
Yesterday’s freeze in bank nifty strikes( mostly 29800&900) once again proved your point.
ReplyOne can loose months of earning in option selling if black swan (unthought event) appear.
Thanks for reaching us nits & grits of trading
Regards.