I purchased 5200 put option on 10 jun at Rs.195 expiry 24 Jun when the market was bearish
However soon it became bullish and its rate fell to Rs.22 by 18th
I entered into trading recently . So Please advise whether I can reduce my loss by converting into a spread - vertical or horizontal or by any other method
Any suggestion will be very helpful
However soon it became bullish and its rate fell to Rs.22 by 18th
I entered into trading recently . So Please advise whether I can reduce my loss by converting into a spread - vertical or horizontal or by any other method
Any suggestion will be very helpful