Manuadarsh

In the next few days, That one guy will manage your portfolio.

NSE:NIFTY   Nifty 50 Index
A day to remember with a 500 point gap down and VIX on the peak. A bloodbath on expiry day The nifty opened near 16500. On the downside, we know 16850 bounced back multiple times. Think about the option seller who entered into a safe position even below that. such a massive premium spike. A day to remember with a 500 point gap down and VIX on the peak. A bloodbath on expiry day The nifty opened near 16500. On the downside, we know 16850 bounced back multiple times. Think about the option seller who entered into a safe position even below that. such a massive premium spike.
The nifty is nearly 5% down. While looking at the portfolio, it hurt, but it ended this week and this month on a high. Today's profit was nearly 1%, and this week's ending at nearly 1.5%. I am carrying over my position from Friday. I already booked profit on those positions, and on Tuesday I have 17550CE and 15850PE. But my PE fully melted on Wednesday. I was concerned about my CE 17550 because of the gap up opening and initial 5 minute candle movement. I closed all my positions and booked some losses in CE 17550 at that time. i did not enter in to new position because i was sitting on nearly 0.8% profit Then the Vix fell, the premium melted too fast, and it was a consolidation day. My plan was to take another 0.8+ profit the next day. So I did not enter into any position. Luckily, the trading plan saved me otherwise, I might have ended with a huge loss today. At the initial time, there was a huge premium spike. I entered in at 16000 PE and 16900 CE. It gave a good profit for the day. I left before 2PM. In the coming days, I am looking at the downside of 16170–15950, which is above 16700. Let's see how it's going to end. I hope everyone had a good day.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.