The trades in this series can go wrong too quickly. That did not happen yesterday. As the index kept in the positive and ended with some gains, NIFTY PUT spread trades were expected to do well.

It was the trades in HDFCBANK which surprised by not going wrong as the stock price moved higher. I would not like to go through another MARUTI like experience which happened in December series which finally ended with a profit.

Position at close yesterday:

We stay with the trades.

Trade cautiously, trade profitably.

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.