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Manuadarsh
Mar 10, 2022 4:39 PM

U turn expiry. 

Nifty 50 IndexNSE

Description

Day to mark, when the market opens with a huge 400 point gap up, and profit booking kicks in. I have an overnight position of 16600CE and 15700PE, which is a huge premium spike that went MTM loss of 25X. It hit harder than the market moved down. When CE started to melt down, I lost 4% of my capital, but I had seen a 10% loss in my MTM, so I decided to book 4% and did not adjust any positions. I have already booked nearly 1.5% of the legs that I rolled up this week. managed to exit with a minimum loss. Let's see how it ends this week. The market is actually not in a good mood.
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