Dear terminator_123,
Are you writing 5100 CA of Oct. series for hedging 4 lots 4500 pe write Sept. series.
If this is so will not reco. this. Will rather prefer to hedge with the option of the same series. May be you can paper trade it and lets see the results.
Yes, near expiry we can write a call of current series and buy a call of next series to hedge.
Regards
Are you writing 5100 CA of Oct. series for hedging 4 lots 4500 pe write Sept. series.
If this is so will not reco. this. Will rather prefer to hedge with the option of the same series. May be you can paper trade it and lets see the results.
Yes, near expiry we can write a call of current series and buy a call of next series to hedge.
Regards
Will paper trade and see how the spread moves