Updated
USDINR Strategy deployed
USDINR is stucked between 50 & 200 EMA
Hence, the strategy applied is Short Iron Condor
Sold ATM CE & PE
Bought OTM CE & PE to cover Sold Options / Hedge
Break Even Points
Downside BEP 74.11
Upside BEP 74.64
Max Profit expected : 12%
Hence, the strategy applied is Short Iron Condor
Sold ATM CE & PE
Bought OTM CE & PE to cover Sold Options / Hedge
Break Even Points
Downside BEP 74.11
Upside BEP 74.64
Max Profit expected : 12%
Trade active
Still holding the entire strategy.Lower BEP not yet crossed
Hence, will hold, else when it breaks, then will close bull put spread.(short put & buy put)
Trade active
Still holding entire strat... as it showed bullish action upwards which will again benefit the stratTrade closed manually
Trade closed with 10% gain...Closed calls first then closed sold puts...
trailed long puts as Price action was bearish post 1.30pm to reduce the cost paid.
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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.