Strategy description
a) if price gap up on monday - and falls towards previous day high by 9.30 to 10.AM, then there is possibility to buy ce option of 5 or 10 premium or 18950 ce bull call spread of 50 pts wing
b) If price opens flat - and then falls towards previous day low by 9.30 to 10. AM, then there is a possibility to buy ce option of 5 or 10 premium or 8900 bull call spread with 50 pts wing.
c) Only 0.5% of qty of total investment
d) position sizing should be comfortable and non-emotional, even if the premium becomes zero.
e) Square-off, when the premium doubles.
g) This is SL free trade set up on expiry day.
h) No need to watch screen, if initial move happens as per a or b plan.
reason for this strategy: Same happened in last expiry and history tends to repeat.
a) if price gap up on monday - and falls towards previous day high by 9.30 to 10.AM, then there is possibility to buy ce option of 5 or 10 premium or 18950 ce bull call spread of 50 pts wing
b) If price opens flat - and then falls towards previous day low by 9.30 to 10. AM, then there is a possibility to buy ce option of 5 or 10 premium or 8900 bull call spread with 50 pts wing.
c) Only 0.5% of qty of total investment
d) position sizing should be comfortable and non-emotional, even if the premium becomes zero.
e) Square-off, when the premium doubles.
g) This is SL free trade set up on expiry day.
h) No need to watch screen, if initial move happens as per a or b plan.
reason for this strategy: Same happened in last expiry and history tends to repeat.
Trade closed manually:
not happened as per plan
price has not reached that level
price has not reached that level