USDINR Strategy deployed
Updated
USDINR is stucked between 50 & 200 EMA
Hence, the strategy applied is Short Iron Condor
Sold ATM CE & PE
Bought OTM CE & PE to cover Sold Options / Hedge
Break Even Points
Downside BEP 74.11
Upside BEP 74.64
Max Profit expected : 12%
Hence, the strategy applied is Short Iron Condor
Sold ATM CE & PE
Bought OTM CE & PE to cover Sold Options / Hedge
Break Even Points
Downside BEP 74.11
Upside BEP 74.64
Max Profit expected : 12%
Trade active
Still holding the entire strategy.Lower BEP not yet crossed
Hence, will hold, else when it breaks, then will close bull put spread.(short put & buy put)
Trade active
Still holding entire strat... as it showed bullish action upwards which will again benefit the stratTrade closed manually
Trade closed with 10% gain...Closed calls first then closed sold puts...
trailed long puts as Price action was bearish post 1.30pm to reduce the cost paid.
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