Closed all the above positions with an overall profit of 15 points.
Going for a BEAR Spread. Changed my BIAS to DOWN.
In LTF, after the BO in the morning SELL Triggered.
In Hourly charts, Trading near the Resistance of 7588.
SOLD 7450PE @ 89 and Bought 7500PE @ 105. Overall outflow / risk is 16points. Will Try and Play the downside till 7450. The VOLT of 7450 and 7500PE are same and so it should be VOLT neutral.
Going for a BEAR Spread. Changed my BIAS to DOWN.
In LTF, after the BO in the morning SELL Triggered.
In Hourly charts, Trading near the Resistance of 7588.
SOLD 7450PE @ 89 and Bought 7500PE @ 105. Overall outflow / risk is 16points. Will Try and Play the downside till 7450. The VOLT of 7450 and 7500PE are same and so it should be VOLT neutral.
raj bro.
suppose nifty reaches 7450 today thn wht wil be ur total gain in this strategy ???
suppose nifty reaches 7450 today thn wht wil be ur total gain in this strategy ???
So it would be a Gain of 166-105 = 61 points in 7500 PE
And a loss of 121-89 = 32 points in 7450PE.
Net gain 61-32 = 29 points.