I published my view of going short alongwith option strategy. Here is the standing of the trade plan.
Future position(as per spot)
Trade Plan on 08 Jul 20 was to look for short below 22726 for T1-2-3-4 as mentioned below
Sell – 22726
Target 1 – 22259 (Hit- 13/07-1030hrs)
Target 2 – 22004 (Hit- 13/07-1145hrs)
Target 3 – 21748 (Hit- 14/07-0930hrs)
Target 4 – 21385 (Hit- 14/07-1145hrs)
Options Trade plan
Sell 23500*2 CE 619.40
Buy 23000 CE 857.7
Net credit 381.1 CURRENT STANDING 56 (for the said position profit of +8122. ROI in 5 days +7.06%)
Max Profit 22028
Max Loss UNLIMITED
Break Even 24381
Margin Required 1.15L approx.
POP 73%
ROI 21%
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field