USDINR View

Jul 2, 2021

USDINR formed a bearish divergence
Carrying a bear call spread for this week's expiry
Sold 75 CE
and Hedged 72.25 CE, buying it.

Jul 4, 2021

Note

Correction in above noted... 75.25 CE bought for hedging

Jul 8, 2021

Trade active

Very Very Patience testing week...
Too many spikes...
Though the spikes were after Indian market close.
Here, hedging helped me too not panic and close position before time.
Still holding the trade.
Positions right now :-
2nd July
Sold 75 CE @ 0.1650
Bought 75.25 CE @ 0.0925

8th July
75 CE @ 0.0175
75.25 CE @ 0.005

Approx 23% gain on investment used on this trade...

Jul 8, 2021

Trade active

Monthly Option Position :
2nd July 8th July P&L
Sold 75 CE @ 0.4150 75 CE @ 0.3075 +0.1075
Bought 75.25 CE @ 3050 75.25 CE @ 0.2125 -0.0925
Total +0.015 (approx 2%)

Jul 9, 2021

Trade closed: target reached

Weekly Option :
2nd July
Sold 75 CE @ 0.1650
Bought 75.25 CE @ 0.0925

9th July profit booked
75 CE @ 0.0025
75.25 CE @ 0.0025

Approx. 10% profit on total margin required for this trade. Not bad for a week.