Hi
Today I traded a BN BF as under
Buy 26300 PE
Sell 26500 PE 2 lots
Buy 26700 PE
Net debit 27 pips
For the first time ran this position till end (MIS cut off time)
For most of the day the net result was around Rs 400 but in the end Net result was no gain/loss.
Seek suggestions as to what I could have done in today’s movement?
None of my buy legs were in profit any time and adding to sold leg was not possible owing to margin shortage.
A naked long call was at 2 pm was a possibility but didn’t dare as I didn’t think of a proper hedge.
Has anyone here did anything outstanding today? I am happy that I didn’t get stuck in a losing trade.
Have a nice weekend everyone!
Regards
Govind