BankNIFTY Expiry Plan

2018年8月8日

Ok, so far as BN is continuing its bullish momentum.
SBI has results on Friday.
Which they will probably declare aftermarket.
That's the last leg.
And Trump drama is going on. So Though I am not checking things fundamentally. Technically it will be a stressful day.

Whenever BankNIFTY comes down the previous day low, I will sell 28100 PE 28000 PE and trail them properly.
The range is pretty close as you can see here.
So it will be headacheful expiry.
Another way to tackle this is - Constructing Calenders.
I will share.
And when it goes upside, I am thinking to sell 28100 28200 CE.
The PDH PDL is the stop loss Hard one.
Thinking of 28000 straddle too.

2018年8月8日

註釋

It means if you sell the PE, then your stop loss should be the low of previous day low and if you sell the CE, then your stop loss should be the high of previous day high. As simple as that!

2018年8月9日

註釋

It opened breaking PDH sustaining the bullishness. Sold 26300 CE: Bought 26400 CE = 1: 4 and Sold 26200 PE : Bought 26100 PE = 1:1. Intraday went good; Positional is screwed because of CE shorts.