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28/06/2022 - Post Market Discussion

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Opening MTM = +17k

Closing MTM = +30k


  • Today the markets opened with almost 0.7% gap down. Fortunately, the gap started to fill up initially. But, after 9.40 the market started to reverse and fall again. So we shifted both the calls and puts 200pts down. Rolled 34400CE to 34200CE, and 33500PE to 33300PE.

  • At around 10.45AM, we added a fresh IC to take some extra credit for the week. Added 10lots 34000-32900 with hedges 500pts away. 

  • The market was almost complete flat for the whole day, with a little bit of volatility. Theta decay came beautifully for the whole day. 

  • At 3.20, shifted the call hedges near to 34500 and put hedges to 32800. To make up for the debit, shifted the 10lots puts from 32900 to 33100.

  • Although we have made almost 1.5% for the week already, still since the positions were comfortable, held it overnight. But, as of writing this blog(11.00PM). SGX NIFTY is 1% down. Either tomorrow is gonna be a long day, or this week's profit's gonna be completely washed at opening, or both. Let's see.

  • Would've written more, if not for that SGX sucker. 


BANK NIFTY 5MIN CHART


BANK NIFTY JUN FUT 5MIN CHART




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