After a successful rally Upside, we have analysed that it will rest now. Range bound movement is expected... May go for strangle after tomorrow's expiry is closed.
Trade active
Sold 74.5 CE @ 0.1025 & 73.75 @ 0.045 on 21 Jun around 4 - 4.15 pm Total Strangle Premium received : 0.1475 Current Value : 74.5 CE @ 0.0525 & 73.75 PE @ 0.01 Total as of now : 0.0625
MTM Premium Value : 0.085 which is approx 58% of Total Investment. May close this position if it touches 70% to 75% of Total Investment.
Trade closed: target reached
Covered my positions now...@10.55 am 24 Jun 2021 74.5 CE @ 0.0175 73.75 PE @ 0.0025 Total Premium taken : 0.1275 ROI : 5% on Total Investment in 4 days...without any heart attack, safe trading. Happy Trading !!!
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