Hi, I am learning to trade options with one month view. I have paper traded options strategies like, straddle, strangle, covered call and credit spreads. These I have done with 2 to 3 days investment frame. Now I have taken a real trade of Call debit spread with one month view.
Buy 2 lots Call 6200 Nifty Option and Sell 2 lots Call 6300 Nifty option for a total debit of 2245 rupees. My view is bulllish for one month till expiry on 31 october. Initially I had planned to hold this trade till last week of October as I am willing to lose the entire 2245 to learn trade management.
I had irrationally taken this trade and hence there is no clear strategy of making adjustments till expiry. But after I took this trade with one month view, some questions came to my mind. Maybe people who are trading options strategy with this frame will know the answer.
How long does it take to enter the full strategies (i.e. all legs) if dealing with one month view. I have read that experts do not enter entire trade at one go but do leg by leg. Also after entering the entire strategy what is the monitoring frequency daily or weekly.
Reki
Buy 2 lots Call 6200 Nifty Option and Sell 2 lots Call 6300 Nifty option for a total debit of 2245 rupees. My view is bulllish for one month till expiry on 31 october. Initially I had planned to hold this trade till last week of October as I am willing to lose the entire 2245 to learn trade management.
I had irrationally taken this trade and hence there is no clear strategy of making adjustments till expiry. But after I took this trade with one month view, some questions came to my mind. Maybe people who are trading options strategy with this frame will know the answer.
How long does it take to enter the full strategies (i.e. all legs) if dealing with one month view. I have read that experts do not enter entire trade at one go but do leg by leg. Also after entering the entire strategy what is the monitoring frequency daily or weekly.
Reki