Why bank nifty has reversed...?
First day of the week...normally bottom level may not break easily in the first attempt...
Check 35000 weekly call bottom Red/Aqua level in "White/Red" sheet....
It has bounced from bottom level....
Check at your end and understand...
(Don't try in the second attempt...)
Sold 2 lots 15900 call option sold at 88.30
Sold 1 lot 16000 July month call option @ 178....
Good volatility..... morning shorts are trapped nicely...
Next two days, use swing reversal...
Positional - trend as such not reversed to positional short...
2 lots...15900 call option sold at 88.30..
Keeping target 74.60....
=======================
15900 call short booked at 54.10......
Again sell order placed 2 lots @ 88.30...
As such no positional short...
However, swing is going to be 15662 ~ 15798..
This week, we may see the good volatility...
Both call and put gives you opportunity...
Morning put option setup encashed...
As such no open position in "Naked option"
Holding 1 lot call short July 16000...
15900 call short booked at 54.10......
Again sell order placed 2 lots @ 88.30...
Exited at 124.20
=============================
Sold 1 lot 15700 June month put option @ 111.10...
Sold 1 lot 15900 June month call option @ 84.20....
Sold 1 lot 16000 July month call option @ 178....
Index range for the day 15712 ~ 15843..
My preference, if goes near to higher point, sell call option 16000....
"Believe yourself, you are extraordinary"
