May 12th Expiry Option strategy

Made a double diagonal calendar on NIFTY. Current P&L is in loss of -870

20 May 14200 PE NRML Avg Price: 45.90

12 May 14400 PE NRML Avg Price: 24.42

12 May 15100 CE NRML Avg Price: 25.05

20 May 15300 CE NRML Avg Price: 42.35

Will modify the current range of 14331.33 to 15150.44 as and when necessary

Yorum:

All the sells are 20 contracts. The buys are 10 contracts. Total investment used is 22.5Lacs. Each set therefore is around 1.1Lac

Yorum:

15100CE SELL and 14400 PE SELL For may 12th each 20 contracts

and the 20 May contracts are buy each 10 contracts. Basically they are calendar hedges

Yorum:

Modified range on downside from 14331.33 to 14650.

Booked the PE side calendar.

Range on upside is still the same

Yorum:

9k+ booked on PE side.