Update - 14 May 2019

• Not a good day for me. Caught right in the middle of the volatility. I was expecting this kind of volatility from Friday.

• In the end, I only kept a single bear call spread of 29400 and 29700, that too because premium decay would have eaten all the potential profit for Wednesday.

• Right now, I am sitting at profit of ₹8000 approximately after brokerages.

• I will target for ₹20,000/- this week given the election volatility has already started.

• Global cues are also not helpful.

• Its better to stay safe then sorry later.

Here are my overall positions:

10 May 2019 - 16 May 2019.xlsx

Rohit Katwal

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