In December series we have so far entered only two sets of trades.
One was in NIFTY PUT spread and the other is the trade we got stuck in — MARUTI CALL spread.
The stock remained positive throughout the day even when NIFTY was down more than 100 points. Fortunately, it ended with just a minor gain.
That helped our position a little but we are still not out of trouble.
Once again, we wait and see where that wait takes us.
No new trade to be taken.
Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.