In october series i have taken 900 CALL SELL position in RELIANCE stock.
when the stock is at 840 to 850 range.Suddenly in few days it got to 900 which is ATM .
Is there any adjustments that i can make to reduce my loss ?
i thought of square off 900 ce position for loss and sell further OTM strikes like 940,950 but my bad luck is those strikes are also got tested.
Stocke price on expiry close is 947.
Is there any better adjustments?
when the stock is at 840 to 850 range.Suddenly in few days it got to 900 which is ATM .
Is there any adjustments that i can make to reduce my loss ?
i thought of square off 900 ce position for loss and sell further OTM strikes like 940,950 but my bad luck is those strikes are also got tested.
Stocke price on expiry close is 947.
Is there any better adjustments?