@PRSundar64 Same to me I bought Mutual fund and hedged it and sold put option market went down my Mutual fund also went down by this the brokerage squared up my position I incurred loss
I bought Reliance at Rs 1270 for Rs 1 Crore.
I hedged it by buying ATM Put in December Nifty.
Financed that by selling Nifty 26000CE.
When markets went down, I kept selling some Calls in Reliance to reduce the cost.
People do not understand what is hedging, how that can be done efficiently through long term options.
They just troll, when Reliance went to 1170, many people did troll me, "What happened to your Reliance?"
Now where are they?
For a long time, I did not understand this word UNGLE, one day I realised that it is UNCLE.
Now you know why Union Govt is hell bent to impose Hindi in TN.
🤣🤣🤣
@PRSundar64 Sunder sir is opposite to modi what ever good things do to our country but he will be in the favourable to DMK Stalin what ever wrong he do. Why sir?