Bank Nifty Spread 7 April

Apr 1, 2022

Buy 39000 CE FOR 18.7

SELL 38500 CE for 46.7

To Make it a Strangle

Buy 35000 PE at 41

Sell 35500 PE at 74

Apr 1, 2022

Trade active

This is a Risky Trade, know your levels and rsiks.

Apr 1, 2022

Note

I have only sold CE ( spread)

Apr 4, 2022

Note

Managed to hold to trade with doing some adjsutments, risky trade i said turned out super risky

Apr 5, 2022

Note

I have booked the 39000 call in profit. Held on to the 38500 call by adding one more lot and hedging with 41000 call. Now 38500 at 92 today. Closed trade around 110 with minimal loss

Apr 5, 2022

Trade closed manually

Minimal loss. First loss in many days, and yet first loss on first trading week of the year. Not a very good start, but thats how it happens with me, start slow and then race ahead