All rite thanks for the analysis of ma positions. And DAMN!!! Why did i take this straddle , i thought mkts will swing but i was wrong , its not taking me anywhere. Monday i will take fresh position and try to close this straddle on friday itself it the loss is reduced to arnd 1k.
My old strategy was better than this of taking Ce and Pe 200 points away from nifty spot. I earned a lot using that strategy and it suits me i think. My luck is with me for that. This straddle would kill me double side with time decay. Wud take fresh long or short positions on monday now. Wud try to sq off this CE on friday and u say to hold PE will think of that but this CE is going out for sure.
Your fingers crossd have u taken any heavy positions long or short on mkts???
Rajat
My old strategy was better than this of taking Ce and Pe 200 points away from nifty spot. I earned a lot using that strategy and it suits me i think. My luck is with me for that. This straddle would kill me double side with time decay. Wud take fresh long or short positions on monday now. Wud try to sq off this CE on friday and u say to hold PE will think of that but this CE is going out for sure.
Your fingers crossd have u taken any heavy positions long or short on mkts???
Rajat
In case you forgot I am sitting here heavily with PE-4000 and have written a CE-4100, Beleive me I would really hate myself if i get this wrong and do not worry man. It is just stupid markets that never seems to give sane levels. But yes I am sure about this one. Still crossed fingers. Thank you for posting messages.