The series commenced yesterday with the following trades.

NIFTY CALL 15000 AUG 26 was bought for Rs. 872 and NIFTY CALL 15800 JULY 29 sold for Rs. 98.35.

Position at close:

The beginning is fine.

What should we expect from these trades?

Let us listen to a reader who has been trading this strategy for quite sometime.

Sai July 22, 2021 at 12:39 pm

I have been doing this since June with multiple lots P & L for it is posted as

The twitter link gives the details.

Those profits are with multiple lots. So let us keep our expectations realistic.

Looking forward to the day’s action.

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.