Options strat Trading diary -

[kingkrunal]

still this trade is on..

entered another short strangle in nifty yesterday for 14 march expiry.. in loss of 2k as of now due to bull run in 2 days... have adjusted to keep the delta neutral..

IOC strangle closed with 1400 Rs profit. ..
nifty strangle performance for 14 march expiry closed with -590 rs
nifty strangle 20 mar expiry - close with 1400 rs profit
nifty strangle 28 mar expiry is open with profit of 2400... all adjustments to keep it delta neutral...

Prepared for the @Loss_Lover method with cipla ... all factors checked in.. .. waiting for the liquidity in the call to write off.

Cheers

 

[prabhsingh]

On what basis you select Nifty strikes for Strangle.Is it S&R?

 

[kingkrunal]

On what basis you select Nifty strikes for Strangle.Is it S&R?

yup on a 30 mins chart.. today 28 mar expiry whipsawed a bit too much..

 

[kingkrunal]

IOC strangle closed with 1400 Rs profit. ..
nifty strangle performance for 14 march expiry closed with -590 rs
nifty strangle 20 mar expiry - close with 1400 rs profit
nifty strangle 28 mar expiry is open with profit of 2400... all adjustments to keep it delta neutral...

Prepared for the @Loss_Lover method with cipla ... all factors checked in.. .. waiting for the liquidity in the call to write off.

Cheers

Took cipla trade with the method.. following all rules .. hope to stick with it..

nifty strangle 28 mar expiry is open with profit of 1010 profit.. today drunk nifty took back some points.. .

 

[kingkrunal]

Took cipla trade with the method.. following all rules .. hope to stick with it..

nifty strangle 28 mar expiry is open with profit of 1010 profit.. today drunk nifty took back some points.. .

Cipla april series going ok..
nifty 28 mar strangle ended with 1k profit...
opened 4 april last expiry and currently with 4k profit.. as no major movement outside the band ...

 

[kingkrunal]

Cipla april series going ok..
nifty 28 mar strangle ended with 1k profit...
opened 4 april last expiry and currently with 4k profit.. as no major movement outside the band ...

closed 4 april closed 4k profit ..
opened another one for 11 april...
all nifty one lot only ..
cipla going on too...

 

[kingkrunal]

closed 4 april closed 4k profit ..
opened another one for 11 april...
all nifty one lot only ..
cipla going on too...

cipla -- closed for 4k profit.. (early due to other commitment )
nifty - 11 apr , 18 apr and 25 april - all strangles closed with 2k profit. (1 lot each side)

Sold Coal india 240 put for may .. (aim is to buy the stock if below 240 )
nifty 2 may strangle taken..