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[amrutham]

Below is the expiry day trade taken.

BN spot @ 26640

Buy BN 26700 PE 600 Qty @ 93
Sell BN 26600 PE 1200 Qty 44
Buy BN 26500 PE 600 Qty @ 16

Net Debit = 93 + 16 -88 = 21*600 = around 13K

Closed this position.

BN spot @ 26490

BN 26700 PE 600 Qty @ 185
BN 26600 PE 1200 Qty 105
BN 26500 PE 600 Qty @ 50

Net credit= 185+50 - 210 = 25*600 = 15K

Net profit = 2K

 

[amrutham]

Now adjusted this position .

BN Spot @ 26340

Sell BN 26500 PE 200 Qty @ 206
Buy BN 26400 PE 200 Qty @ 140

BN 26000 PE position is still open and it is hedged with, Sell 26700 CE 200 Qty @ 12

Net credit = 15.5 K

Now closed this complete position.

BN Spot @ 26490

26000 PE 200 Qty @ 0.5
26700 CE 200 Qty @ 8

Net Profit = around 14K

 

[gmt900]

No might be buyers there...mostly buyers of this strike options are go to loose

That's right. Because option buyers are likely most likely to lose, expiry is likely near 26600

 

[govindheg]

@amrutham,
Reg Your today's strategy. Would you be closing the position before 2.30?
What about charges on ITM legs if we run it till the end?
Regards

 

[govindheg]

@amrutham,
Reg Your today's strategy. Would you be closing the position before 2.30?
What about charges on ITM legs if we run it till the end?
Regards

Sorry didn't see your update.

 

[amrutham]

@amrutham,
Reg Your today's strategy. Would you be closing the position before 2.30?
What about charges on ITM legs if we run it till the end?
Regards

I was not expecting BN to break 26500 on downside. Hence closed the position.

 

[amrutham]

Entered in to below BN position for tomorrows expiry.

BN Spot @ 26370

Buy BN 26400 CE 200 Qty @ 83
Sell BN 26500 CE 400 Qty @ 47
Buy BN 26600 CE 200 Qty @ 25

Net Debit= 2800

Now closed this position.

BN Spot @ 26600

BN 26400 CE 200 Qty @ 190
BN 26500 CE 400 Qty @ 105
BN 26600 CE 200 Qty @ 46

Net Credit = around 5K

Net profit = around 2K

 

[anildnr]

Below is the expiry day trade taken.

BN spot @ 26640

Buy BN 26700 PE 600 Qty @ 93
Sell BN 26600 PE 1200 Qty 44
Buy BN 26500 PE 600 Qty @ 16

Net Debit = 93 + 16 -88 = 21*600 = around 13K

What is the margin required for this

 

[amrutham]

Entered into below position for BN June expiry

BN Spot @ 26590

Buy BN 26500 PE 200 Qty @ 145
Sell BN 25400 PE 200 Qty @ 110
Sell BN 26000 PE 200 Qty @ 36

Net credit = 200

 

[amrutham]

What is the margin required for this

This was taken as intraday (MIS) position and margin in Zerodha was around 8L.