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.
Trade active
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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.
Trade active
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Bull Put Spread exited on 20th July morning with good profit. Kept the Bear call spread active.
Trade closed: target reached
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Closed Bear Call Spread with Good 11% Profit this week.
Neelam ji premium bahot low hai weekly me.. better wait for ryt opportunity
NeelamN
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@Kurvedge I know, that is why waiting in a strategy to eat whatever little time decay I get n then remove one side spread, to gain directional. Employing my money to gain theta decay till breakout or breakdown.
kurvedge1
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@NeelamN, wednesday is holiday so considering 4 days trading session premium are not bad
also connect me on telegram (@love_what_u_do) will share best way to trade on USDINR