Update - 19 November 2018

Apart from intraday positions that I have covered, I have executed a bull put spread -10 X 26000 & +10 X 25800.

Will update details post market. On a commute right now.

03:30 pm - In the morning, I decided to do a Bear Call Spread as I wa expecting a downmove due to top formation. When market failed to come down in the morning I exitted and entered a bull put spread. Just before the 100 point move that came to downside, I was lucky enough to book profit in Bull Call Spread and had entered a bear call spread. But since that down move was again a trap I was able to exit it. One reason for taking a bear call spread was that nifty and bank nifty was up, but vix was nearly 6% up. But when bank nifty gave a fall, nifty made a day high which meant that bank nifty gave a false move to downside and probably vix is not moving according to market. So I reversed position to bull put spread. OI was also supporting a bullish momentum.

Here are the positions I took in spreadsheet along with order book and admin positions:

16 November 2018 - 22 November 2018.xlsx

Rohit Katwal

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