Will teach you tomorrow in live market
Friends we posted trades to members kindly check
same strike price 2 diff expiry / same qty
no change in data buildup that's why no visible movement too
From now onwards whoever is reading this msg never take same week expiry trades
booked 5900 from April expiry position
I quit in 300 loss from 16 Feb expiry leg
250 loss in today position
I took 2 trades of same strike price diff expiry
https://rpy.club/g/fRS9Q7PVKe
Still market fall...
today we will get loss once nifty will trade above 17800
Buy 17700 Put + Sell 17500 put
Looks like we have a wait for bit longer for clear move
it's risk but very low risk
So if you want to save your capital stop taking same day expiry specially on expiry day
it looks like we will have expiry around 18100
100% NO to expiry day positions
hope you understand the impact of time decay in options
as after some time it can go 0
that's why I always say don't take same week expiry trades specially on trades on expiry day with same expiry
Getting 6000 profit in Apr
Impact of time decay & why we don't make money most of the time
https://youtu.be/S6RefP5Ms_M
So we can quit on cost then else we can hold till expiry
Hold not for intraday
exiting on 0 is still better than loss
if not taken then can avoid also
we will wait for 1 candle to close below this level