#Nifty I was holding an Iron Butterfly of 9200 with expectation that market will revolve sideways between 600 points. But we went extreme today. I had: -3 X 9200 CE, +3 X 9700 CE, -3 X 9200 PE, +3 X 8700 PE. I am only holding -3 X 9200 CE so as to make it breakeven. Rest I have covered.
I haven't turned bearish. I am still sideways. What we say today was bit of an over reaction by market. With that, I created following position: -3 X 8900 CE, +3 X 9400 CE, -3 X 8900 PE, +3