Naked option sell , strike 51500, expiry 26 June, selling price 67.
Latest high was 51300, cmp is 50300, selling a 1200 point away call without hedge.
This is a naked sell, for a hedged trade, look at the other post put today.
Making the best of todays upward movement, this is a perfect time to short, as i dont see much steam left, but thats my opinion and markets are unpredictable.
#banknifty
#Optionwriting
Latest high was 51300, cmp is 50300, selling a 1200 point away call without hedge.
This is a naked sell, for a hedged trade, look at the other post put today.
Making the best of todays upward movement, this is a perfect time to short, as i dont see much steam left, but thats my opinion and markets are unpredictable.
#banknifty
#Optionwriting