Refer: Blue candle shows the day of November 13, 2017. The red arrow shows the day of the expiry i.e. November 16, 2017.
25750 is a resistance. 13th November was a gap up but when it breached the close of last day and started falling we sold –
Sell 25700 CE at 75.65
Refer: https://unofficed.slackarchive.io/dr_theta/page-31
No other positions as the consolidation are scary and indicate a big move but it doesn’t tell the direction of the big move. So let’s keep the move for a hedge. Although 25800 CE was safer.
Expiry was calm. No MIS positions (intraday) were taken as my illness was at its peak.
Net Profit/Loss
= 75.65
= 75.65 points ~ 75.65*40
= 3026 INR.
Net capital deployed = 130000 INR.
