Direction future trading , using option as stoploss

#21
A possible trade on 18 aug monday , when b.k rallied 300 points.

Points i want to clarify.
1) if on aug 18 , a sell was initiated (big mistake) on future. a loss of 330 points would happen on eod. but our short 15200 pe , would protect us for 160 points.
2) if on aug 18, a buy was initiated ( awesome trade) on future, a profit of 330 points would happen on eod. but our short 1500 ce , would give loss of 240 points giving only 100 points net gain
 

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