I had shorted 120 lots of 10600 PE at 280/- around the 3rd week of July as mentioned earlier.
Premium collected was 840000.
I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.
Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon
Premium collected was 840000.
I was trying to hedge this notional loss by doing INTRADAY buying/shorting BankNifty(Fut) and managed to offset some of the notional loss.
Today seeing the current scenario, I bought 120 lots of 9500 CE September series at 450 now :thumb: This should be a good hedge! And I will make up the notional loss soon