You could see that I was holding a short PUT of 21200 strike on BN from above screen shot
21-Mar (Tuesday)
Because of many false breakouts and breakdowns, i did not add another long position. End of the day I had 21200 PUT alongwith the long positon making a unrealised loss of 50 points.
Since in principle we do not close a position on loss I had left it (above) untouched. However I have add an overnight Long position of 21100 Mar Put to balance the Delta difference between the short and long position.
22-Mar (Wednesday)
Since I had a April long PUT at 21100, there was not much liquidity and the ask/bid spread was very wide. Due to the gap down, there was an unrealized loss of 200 points on the short put.
Luckily the 2 long PUT positions at 21100 paid off. So i had closed everything for -5 points or so. Given below are the new positions.
21-Mar (Tuesday)
Because of many false breakouts and breakdowns, i did not add another long position. End of the day I had 21200 PUT alongwith the long positon making a unrealised loss of 50 points.
Since in principle we do not close a position on loss I had left it (above) untouched. However I have add an overnight Long position of 21100 Mar Put to balance the Delta difference between the short and long position.
22-Mar (Wednesday)
Since I had a April long PUT at 21100, there was not much liquidity and the ask/bid spread was very wide. Due to the gap down, there was an unrealized loss of 200 points on the short put.
Luckily the 2 long PUT positions at 21100 paid off. So i had closed everything for -5 points or so. Given below are the new positions.
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