IRON CONDOR-option trading strategy

L

lokanathpai

Active Member
#131
#131
POSITION AS ON 21/02/2018
FEB10500PUT BUY 1425 108.00 -153900.00
FEB10400PUT SELL 1425 38.00 54150.00
FEB10000PUT BUY 1425 0.70 -997.50
FEB9900PUT SELL 1425 0.55 783.75
-99963.75
INCOME RETENTION -31492.50
I closed this position. I will open New position on Friday.
Market continued to go down.
I have incurred loss.
I think, when I closed one side, I should have taken position on untested side, i.e. call side by closing losing side.

Initial capital 2146171.00
Minus:Loss -31492.50
Net capital 2114678.50
 
L

lokanathpai

Active Member
#137
#137
AS PER MY STRATEGY, AS NIFTY FELL BELOW PUT SHORT (SOLD) STRIKE 10300, I HAVE TO CLOSE PUT SIDE AND TAKE CALL SOIDE FRESH POSITION. I HAVE DECIDED TO DO THIS NEXT WEEK
 
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