MAY 5TH EXPIRY|NIFTY OPTIONS|TRADE REVIEW

• After RBI repo rate hike, Fed also increase interest rate 50 basis points.
• After Market gap up some up move Then selling starts.
• markets are very volatile now a days
• Surviving in this type of markets are very tough
• today option premiums are very proactive
• all SL got triggered and end up loosing 5k
  
  
  
• 
  
  
  
  
  
  
  
  

Published: By: Manikanta - May 05, 2022

APRIL 2022 MONTH P/L STATEMENT||NIFTY OPTIONS||MONTH END P/L

 

• April Month was very tough for me,
• All weekly expiries are very volatile.
• This results Loss of 8.3K
  
  
  
• Gross loss is 4k But due to Heavy trades Brokarege also 4k
• Result Net loss of 8k

  

  
  
• Capital deployed was 4,41,000
• Loss of 1.8%

Published: By: Manikanta - May 01, 2022

APRIL 28TH EXPIRY|NIFTY OPTIONS||Trade Reveiw

 

• Today Nifty Opened gap up and then some orrtion
• As usual  I build a strangle from 16950 to 17250 with hedges@50 points only.
•  
  
  
  
• @10.47 I moved 17250 to 17200 with no moving hedge.
• @11.20 Nifty took support and rallying, so I moved my 16950 Pe to 16900 PE with no moving Hedge.
• Now My range is 17000 to 17200
• @11.59 Nifty Breaks R1 my 17200CE doubled So I shifted 17200 to 17250 on upper side,and 17000 to 17100 on lower side.
• @1PM nifty continue on upper side without Halt
• @1.05 I again shifted 17250 to 17300 without moving on lower side.
• @1.46 I moved my 17150 to 17200 on lower side.

  

  
  
• @last I'm sitting on 17300 straddle. But exited quickly otherwise I ended up in 9k loss/
• This Month all The expiries are tough for me.

  

  
  

Published: By: Manikanta - April 28, 2022

APRIL 21 EXPIRY|NIFTY OPTIONS|TRADE REVEIW

 

• Today Nifty opened gap up
• I'm expecting nifty to trade between 17000 to 17300
• as usual i build a strangle 17350 to 17100.
• @10.48 nifty broke R1 and sustained
• so I moved 17100 PE to 17150 PE.
• .@11.14 nifty continuous to rally.
• So again I moved 17150 pe to 17200PE
• @11.30 I shifted 17350E to 17400
• I'm Expecting some retracement but not happened 
• 
  
  
  
  
• @12.30 i moved17200 pe to 17250 pe
• @12.50 I moved 17250PE to 17300PE .
• @1.45 i squared off all positions with loss of 4k
• @2.07 I builded a straddle 17350ce and 17350pe with hedges 17400ce and 17300pe
• This straddle back fired Nifty continuous moving.
• @ last I builded a 17400 straddle due to panic this is also squared off.
• @last i sold 17400ce 1000 quantity with hedge of 17450
• If i waited till end i have no loss and no profit
• I did a Huge Mistake 17400ce i should have waited

  

  
  
• 
  

Published: By: Manikanta - April 21, 2022

APRIL 13TH EXPIRY|NIFTY OPTIONS

 

• Today all global markets are negative But Sgx nifty is positive indicating market gap up.
• as soon as market gap up 100+ points  in first 15 min
• later falling started continuously 
  
  
  
• Initially i build a strangle  17750 to 17500 with hedges @50 points each.
• @10.44 nifty falls heavily my 17500 PE which sold @ 7 becomes tripled
• so I moved 17500 PE to 17450 PE and 17750 CE to 17600 CE.
• after some fall nifty consolidation and then again it started falling down
• This creates huge PUT side IV spike

@1.Pm  I am @ loss of 7k

• with this I completely exited all positions @ 2.O clock and Taken completely single side 
• i.e:; 17600 CE
  
  
  
•   At last all loss becomes Nullified but no profit 
  

Published: By: Manikanta - April 13, 2022