As Nifty climbed up on Monday after the early low points, it was a difficult day for the trades.
Luckily, DEEPAKNTR PUT 1900 gave an opportunity to close with a small gain. The exit from the trade was taken at Rs. 45.00, though the high point was at 50.10.
On the other hand, PVR PUT 1660 took away the MTM gain shown on Friday.
Few points were added to ONGC CALL 150.
Other two trades in TATAMOTORS and UPL were as good as dead already.
Scorecard for January 2023 series:
|Scrip||PUT/CALL||Lot Size||Strike Price||Entry Date||Price at Entry||Closed on 23/01/2023||Profit/Loss|
On Friday, MTM position was (-) 18050.
Finally, the series has ended with a loss of Rs. 22759.
We take the loss in our stride and see what can be done in February series.
As I am busy with a family function, no trade is planned for today.
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.