Adjustments for naked call sell

vinu9

New Member
#1
In october series i have taken 900 CALL SELL position in RELIANCE stock.

when the stock is at 840 to 850 range.Suddenly in few days it got to 900 which is ATM .

Is there any adjustments that i can make to reduce my loss ?

i thought of square off 900 ce position for loss and sell further OTM strikes like 940,950 but my bad luck is those strikes are also got tested.

Stocke price on expiry close is 947.



Is there any better adjustments?
 

john302928

Well-Known Member
#2
You could go for hedging by going long in Futures and selling CE/buying PE. Apart from that there are lot of other stratgies out there in options. You can explore them to get better understanding.
 

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