finance – The Mechanical Trader

Buying the Corona Dip – 4

The Unprecedented Times For Part 3 click here. In, my last update (10/6/2020) Nifty had closed at 10116, and today CMP is at 10724 ( Around 6% gain). Although, my portfolio have gained only 4.5% with respect to Nifty but main reason for laggard performance is that I added more stocks of certain companies. Currently,Continue reading “Buying the Corona Dip – 4”

Banknifty Weekly Review (3)

UPDATE (30/6/2020) I have closed the position although I still have a good range to still be profitable but today PM is going to address the nation at 4pm so, taking off the excess risk is best way to manage risk. Closed with Profit of 14,000 For 2/7/2020 expiry For last expiry trade and adjustmentContinue reading “Banknifty Weekly Review (3)”

Stock Option Trade – 3 (Coal India – July expiry)

Update 5 (17/7/2020) Having received a lot of requests about the strike prices I had taken in this trade, I decided to put up the closed screenshot so you can have a look at it. Update 4 (16/7/2020) After multiple adjustments in this trade I have closed it, as it was pressuring one side ofContinue reading “Stock Option Trade – 3 (Coal India – July expiry)”

Stock Option Trade – 2 (ITC-July Expiry)

Update 3 (7/7/2020) Closed the trade as have gained 80% of maximum profit no point keeping the risk for 23 days more (till expiry). Profit +20480 Holding period – 12 Days RoI +20% UPDATE 2 (2/7/2020) Holding it with no adjustment, refer the snapshot below for further details. Delta is closing in near neutral, currentContinue reading “Stock Option Trade – 2 (ITC-July Expiry)”

Nifty and Banknifty Weekly Review (2)

For last expiry trade and adjustment click here. Update 2 -24/6/2020 1:45 Pm – Banknifty down by 1.9% I have closed my position. Yesterday I had bought 22000 CE 1x to hedge the upside as Bank Nifty was very wild due to which profits came down Closed for +Rs. 10,000 Profit total. Update 1 –Continue reading “Nifty and Banknifty Weekly Review (2)”