26 June Call sell - Weekend decay
51500 naked Call sell for 26 June Expiry 56, This call is just to get some extra decay days. Looking at the mkt movement, the call would most likely be Zero.
To Hedge one can buy 49900 Call for the current expiry at 67 to make this a net debit trade, and a big gap opening on Monday can be managed, monday morning gap up if happens should be used to square the 59900 Call in profit, else if gap down or flat happens this call will have maximum decay.
Posting this trade at closing, so as to make it more of an observation than to trade
To Hedge one can buy 49900 Call for the current expiry at 67 to make this a net debit trade, and a big gap opening on Monday can be managed, monday morning gap up if happens should be used to square the 59900 Call in profit, else if gap down or flat happens this call will have maximum decay.
Posting this trade at closing, so as to make it more of an observation than to trade
Order cancelled
51500 AT 68, Some typo ERROR IN The buy call, so closing the trade
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