The market is not giving direction at this moment. Wait for the results, atleast for today, we may get into new range, and if not then may be confined into previous range of 4700-5400. In case if NIFTY moves in new range CALL sold today will be in difficulty.
Further, if you are selling one leg only you are in same situation like selling CALLS only. Incase if the market moves in the direction you have sold the option, you will be in net loss and then perhaps you would try to sell the other side option in hurry.
Market is sliding !!
Further, if you are selling one leg only you are in same situation like selling CALLS only. Incase if the market moves in the direction you have sold the option, you will be in net loss and then perhaps you would try to sell the other side option in hurry.
Market is sliding !!
It seems market was waiting for hitting my SL..... Since then it is coming down continuously......
Anyway I have squared off both the positions after hitting stoploss on CE side at Rs30.