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PGDIMES

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First time I played a pair...and observations are...

Losing leg was of bigger premium than winning leg, so loss in points was more......:(


...because you held the wrong end of the stick...:) Option buyers will always find it difficult to manage time(bomb) which ticks against them and more so in the expiry week...:rofl:
 

PGDIMES

Well-Known Member
@ PGD.... whats your view about nifty today....finding it difficult to stay above 5770....
Dear Ravi,

My view of the market does not matter (Though I'm bullish for the time being)... What matters is your option buying strategy is going nowhere and you are still bleeding money... Just think for sometime what if you reversed your position... Bottomline is don't hold your long options during expiry week...
 

PGDIMES

Well-Known Member
Long in Feb Series strangle 5700PE-5800CE @ 208...
 
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