Update - 27 May 2019

  • I iterated in the morning that I am bullish. In normal scenarios amateurs start the market and professionals close it. That is the reason I dont take trades in first two hours on Monday. But as soon as market opened, I was bullish and immediately executed some more bull put spread -5X30800 +5X30400 for my self and -5X30800 +5X30500 for my clients. I was aware of the risk, but wanted my clients to be more safe with little aggressive hedging.

  • Later in the day, I rolled over my positions of Friday to -5X31000 +5X30700 for my self and one step down for my clients. I am still bullish. We can have a breather but I am not sensing any serious down move right now.

  • Although 12000 is a strong resistance so one has to be cautious right now.

Here are details of my trades:

17 May 2019 - 30 May 2019.xlsx




Rohit Katwal

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