Nifty 8800PE

#1
I bought Nifty 8800 PE APR 16Th expiry around 130. Now it is trading at 90. I had bought 2 lots ( 150 ). Now I am in 6000 loss. Plz give your opinion . Now what should I do
1. IF 8800 PE rises
2. If 8800 PE falls or
3. Should l exit immediately on Wednesday as soon as possible bearing whatever may be loss.
 

ram2010

Well-Known Member
#2
By wednesday game will be over-
Sell it at market rate-
options were introduced to loot money from retail people
and give it to Smart money

Options were meant for selling-
 
#3
I bought Nifty 8800 PE APR 16Th expiry around 130. Now it is trading at 90. I had bought 2 lots ( 150 ). Now I am in 6000 loss. Plz give your opinion . Now what should I do
1. IF 8800 PE rises
2. If 8800 PE falls or
3. Should l exit immediately on Wednesday as soon as possible bearing whatever may be loss.
nagappan ? means from TN ? from karaikudi? ok .. since two lots better hold till exp
 

iwillwin

Well-Known Member
#8
I bought Nifty 8800 PE APR 16Th expiry around 130. Now it is trading at 90. I had bought 2 lots ( 150 ). Now I am in 6000 loss. Plz give your opinion . Now what should I do
1. IF 8800 PE rises
2. If 8800 PE falls or
3. Should l exit immediately on Wednesday as soon as possible bearing whatever may be loss.
U will be in profit if nifty goes below 8700....watch nifty reaction in the morning on today's decision....if it is difficult for u to hold loss position never trade options or have overnight position
 

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