Update - 7 October 2019

  • I was bearish from the morning but still wanted to wait for clear data on further bearish trend.

  • With half the quantity, I executed sell of 11300 Nifty Call of current expiry and bought 11500 Nifty call of next expiry. It kept struggling for a long time and when nifty broke 11170, I was hopeful of further fall. But Nifty started bouncing so I cleared this position at profit.

  • I then entered into a 11000 Put and 11400 Call and soon was proven wrong and quickly exit from this position too.

  • Since, I got the direction, I executed a sell of 11300 Call and a buy of 11450 Call, a pure bearish strategy.

  • Later at 03:20 pm, I further sold 10950 puts as I expect market to take support at this level.


This is how my final position looks like:




I have also updated the excel sheet for the week:

4 October 2019 - 10 October 2019.xlsx


Rohit Katwal