This expiry week has been the toughest
3 days trending bck to bck
Since my strategies are mostly around mean reversion.
i didnt expct such swings,
yes losses around
Friday ---> PUTS blasted
Monday--> PUTS blasted
Tuesday--> CALLS gone 20x
No idea what to do and plan next, i still feel this expiry could be below 23500 only, hence I am holding thr 23450 Put
but strctly no addition, averagiung
Friday ---> PUTS blasted
Monday--> PUTS blasted
Tuesday--> CALLS gone 20x
No idea what to do and plan next, i still feel this expiry could be below 23500 only, hence I am holding thr 23450 Put
but strctly no addition, averagiung
Zero clue of whats going around in the market.
I expected it to be sideways, it went down in a line.
- PPl didnt expect it to close below 23500
- but it seems it has decided to close way below 23500
NO POSITIONS
NO TRDES
No downtrending day :
- Slow grinding up & down
-23500 CE 910 qty bought at 121
- Next avg at 101
- Again avg at 94
So, slice ur qtys into 3 trnches