Just a look at NIFTY move yesterday.
PUTS lost out on the day and CALLS did not cover that loss. That takes us back to our normal losing zone.
We do not take any new 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.
Comments
Amit December 1, 2020 at 2:30 am
STAYING FOOLISH, STAYING HOPEFUL but never change should be the new tagline, i don’t think the put calls will work, all indicators in reliance suggests it should reverse, upl not sure, kotakbank good, but has risen too much, lt fair call….this is my analysis…
Replymy current bets are shalby and ujjivansfb for equities, you have moved to option selling from buying, i have moved to equity from options, what the heck, buy low sell high, make money, we are not seeking thrill, but to make money in boring way….