khushi, can you put some light on above 4700ce suggestion. i mean how you concluded this? and also if possible plz share ur strategy/method for positional trades.
thanks
there is nothin like any strategy
in past i earned much in cash and cant give time during market hours
now these dayz market is very volatile
i purchased lots of puts as i was sure of 4500 levl
but on tuesday got some positive news from other markets
now by end of market time we wer somewhere at around 4550 lvl
so first i squared off my existing position of 4800PE at around 240-250
then taken hedge position of buying 100 lots of both 4400pe n 4700ce
both around 29 with trgt of 50 n SL of around 22-20
as i hoped tht if levl of 4500 achieved thn pe wil ovrcum loss of ce
if positive news worked thn ce wil ovrcum loss of pe
simple but at right time!!!
thanks to god as it worked grt! !!