Anticipating Short-Covering: Nifty50 Spot Recovery Strategy

4月26日

I anticipate a short-covering rally in the Nifty50 spot, expecting a recovery as long as the spot doesn't dip below 22323.60. I've taken a long position below 22442.20, with a strict stop loss set at 22323.60.

4月26日

交易开始

Bought 22300 Call Option (2nd May 2024 Expiry) @ 242.20

4月26日

注释

Holding till expiry (2nd May 2024) Stoploss & Target Premium.

4月29日

交易结束：到达目标

Booked Profit from 22300 call option @ 381.00