Created this Bullish Long trade on 2nd FEB. Now tension free.
Sold Far OTM 43500CE but did mistake of buying hedges when it was in loss at the day end.
Sold PUTs as well in small quantity the next day to manage the sold calls. So now I had created a strangle as well in order to reduce my risk in the wings and to benefit from the theta gains during range play.
Finally I closed all my extra CEs & PEs sell and booked profits in them. And next further reduced my risk by locking profits through shifting inside the Call Buy to 42500CE and taking credit by shifting call sell to 42000CE.
Now I will let this trade perform and will adjust this trade as per the market conditions as they unfold.
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