The day was a roller coaster.

It began with a bang as yet another all time high was made at 13145.85. It ended with a whimper and traders were looking where to hide as it moved below 12900.

We could get our 4 trades — 2 CALLS, 2 PUTS at the desired prices.

As was likely with this kind of market move, Calls went wrong and PUTS were right.

Not a bad beginning for the new series.

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.