FinNifty moved up in the first half and started declining rapidly in the second half making it really difficult to make money from option decay. Ended the day with flat returns of around -0.1%.
After a gap down opening, FinNifty was oscillating between 16200 to 16300 throughout the day, almost by day end 16200 was broken and closed around 16180.
Was an easy expiry to trade. The Auto Adjustment Strangle trading system Ended with decent returns today.
Was an easy expiry to trade. The Auto Adjustment Strangle trading system Ended with decent returns today.
After a gap down opening, FINNIFTY moved till 16450 and after 11am continued to trade in range bound hovering in the range of 100 points. Half of the loss was recovered in second half.
Ended the day with -0.35% today.
Ended the day with -0.35% today.
FinNifty initially moved down and then went up , finally in the second half again went down. Such a zigzag movement would be really difficult to trade with fixed stop loss. But auto adjustment strangle bot managed the positions well and ended up with 0.5% returns
Yet another zig zag range bound move in FINNIFTY, ended the expiry with just 0.25% returns.
It’s a good trending day for FINNIFTY since morning with lot of swings in call options, moving wildly. Initially pnl was down -0.3% later by Day end , pnl closed flat.
Couldn’t post last week FinNifty expiry results, the auto adjustment strangle bot triggered just three trades and made almost 1% profit. It was such a easy to handle expiry last week 16/08/22
This week FinNifty expiry also ended up in profits, though I could see many traders faced loss with FinNifty today, there’s nothing to brag about here. Every system follows its own rules, profit/loss is just the outcome of the process. Staying focused on the process always helps.
That deadly move after 3pm with FinNifty where 18200 ce which was shorted at 1.5₹ was covered at 50₹. Due to last few minutes violent move, loss increased 10 fold, from +10k profit to -80k loss. Ended up with 1.4% loss for this expiry.
Loading suggestions...