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Amit_Ghosh
Jan 13, 2020 4:16 AM

[Vega] Short Apollo Hospital 1500 CE Short

APOLLO HOSPITALS.NSE

Description

Short Apollo Hospital 1500 CE at 38
Do not short futures. It can breakout!

Comment

It fell 17 points in fut and NRML APOLLOHOSP JAN 1500 CE NFO
-500 37.30 32.50 +2,400.00 -12.87%
Comments
vivek11123
Now can i hold this entry or not..please suggest me.
vivek11123
@vivek11123, please tell me expiry expectations
Amit_Ghosh
@vivek11123, Depends on upcoming results and trump. tradingview.com/x/SFfhVaoN/.
Amit_Ghosh
@vivek11123, The answer depends on 400 things. What is your margin? If you have margin why you are holding and praying instead of hedging?
vivek11123
Now please tell me how can i save from this call
Amit_Ghosh
@vivek11123, For a starter don't do trades without stop loss or do not hedge if trade goes opposite. If it broke resistance why on Earth you kept it naked ?

Sell 1580PE to increase the BEP unofficed.com/options-calculator/?save_id=5e201da04fa04905219269 It will make max 4K loss between 1500-1580 arena. Apollo is falling in intraday anyways so you may wait slight for to get better price.
Amit_Ghosh
@vivek11123, Later you can add 1520PE when it falls slightly or 1500PE. unofficed.com/options-calculator/?save_id=5e201e13f0eb6629656637

Keep Shifting your BEP. It is impossible to make loss in options and big capital. Now unless you have capital to hedge (as you missed to exit when it breached resistance), you're doomed.
vivek11123
Sir what can i do i sell 1500 ce at 39 rs ?
Amit_Ghosh
@vivek11123, No. I closed it decades ago. Sell 1600CE at 41.5
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