Script: DLF
Expiry 26-May-2022
Lot size: 1,650
CMP (Futures): ~340.95
View: Short
Buy 360 CE @ 7.00
Short DLF Futures
Sell 300 PE @ 2.85
(not a trading recommendation, just a paper trade)
Current Status:
Long 360 CE CMP 2.75 (MTM loss = 7.00 - 2.75 = 4.25)
Short DLF Futures CMP 326.90 (MTM Profit = 340.95 - 326.90 = 14.05)
Short 300 PE CMP 3.65 (MTM loss = 3.65 - 2.85 = 0.80)
Net MTM on the position = 9.00 per Lot
Will we see this script price around ~ 292 in this month if current negative sentiment in the market continues? Well, maximum potential profit is highest at 300 level, as in above position 300 PE is shorted. Today, seems Futures had touched low of ~ 314. So, if price goes below 310 in next few days, I may consider closing the position.
(not a trading recommendation, just a paper trade)