Update - 27 February 2019

This expiry is all about adjustments as it is news, sentiment and volatility based movement.
I am trying to keep my positions neutral and stick to target I intend to reach this week.
I am taking losses where it is necessary and booking profits where it is achieved and looking for next positions.
Overall I have slightly bullish positions.
All the positions are updated in the sheet.
Current mark to mark profit is ₹12,000/-. My Target is ₹30,000/-.
Post air strikes by pakistan I am running into losses. I have cut down all puts and holding calls only. If market remains down, I will end up with ₹12000/- loss.
Some how I managed to bring down my mark to mark. Currently if everything goes right then I may end up taking a loss of ₹2000/- only. Satisfied with that since Vix is hovering at 19.
Lesson Learn't - Don't do straddles when Vix above 16.5 and panic is there in the market.

Order book is big for a screenshot.

Rohit Katwal

19 views0 comments