USDINR View 23rd July Expiry

Jul 16, 2021

USDINR not making higher high or lower low
range 74.40 to 74.75
Made Short Iron Condor.

Sold 74.75 CE & 74.25 PE

Bought 75 CE & 74 PE

Will exit bear call spread if breaks down
or exit bull put spread if breaks up.

Jul 16, 2021

Trade active

Correction in above last statement :
Will exit Bull Put Spread i.e. Sold 74.25 PE & Bought 74 PE, if breaks down,
&
will exit Bear Call Spread i.e. Sold 74.75 CE & Bought 75 CE, if breaks up.

Jul 21, 2021

Trade active

Bull Put Spread exited on 20th July morning with good profit.
Kept the Bear call spread active.

Jul 23, 2021

Trade closed: target reached

Closed Bear Call Spread with Good 11% Profit this week.