We are resuming our old trade immediately from here. Thanks to our update of trailing stop loss (read comments) we made no profits no gain on spot and 900 INR loss in options.
HDFCBANK Aug 1760 PE is at 20.9 HDFCBANK is at 1743.3
Right now I am re-opening my options positions which was closed on loss of 900 INR.
Breackeven of this options is 1739.1 in which my bet is.
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Update the stop loss to entry price. Option position will stay naked.
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Trade is going good :)
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HDFCBANK 1760 PE is at 5. We made a 7050 INR profit considering 900 INR past loss.