dear friend
how much expecting gap down for tomorrow morning. when I take trade nifty was around 8200 my strike is 7600 gap around 6%.
how much expecting gap down for tomorrow morning. when I take trade nifty was around 8200 my strike is 7600 gap around 6%.
Risk Management is based on happening ANYTHING, anything means anything, even if it means gap up or gap down 1000 points.
BTW 500 point intraday fall in nifty was not so long back
200 points intraday up or down happens 1-2-3 times almost every month.
And as comm4300 Pointed out even if not intraday but market begins to fall gradually and price of put continue to go up and up, in that case WHERE WILL YOU EXIT
Do you have any stop-loss too or only profit scenario in you mind?
Or How will you manage your risk?