Master one trick only

jetking

Well-Known Member
took short strangle 6600 PE and 7600 CE for 160

expecting a drop in IV tomorrow,if results come as expected

will hold this pair in above case

in case of NDA not getting through,will square off
squared 7600CE at 105,as NDA crossing 275
squared 6600PE at 6

total profit around 49

the pair closed at 45

if able to hold than profit would be 100 +
 
Hi Jetking,

What made you take 1st Short, as market was up with 400+ points & was in full Euphoria. I was assuming that It could jump all SL's also, so wasn't able to take any short.
Can you explain your signals/ mindset at that time plz..

Thanks,
Deven Malhotra
 

jetking

Well-Known Member
Hi Jetking,

What made you take 1st Short, as market was up with 400+ points & was in full Euphoria. I was assuming that It could jump all SL's also, so wasn't able to take any short.
Can you explain your signals/ mindset at that time plz..

Thanks,
Deven Malhotra
 

kiran_thiru

Well-Known Member
perfect trade analysis. and nice explanation. you have an eagle eye in candlesticks.
:thumb::thumb::thumb::thumb::thumb:
 

jetking

Well-Known Member
Great analysis&trades as usual,one question,if your time permits.when you went short after point C what was your sl,high or some more space allowed
just above the HOD

and keep moving down as trade goes in my favour
 

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