POSITION AS ON 21/02/18
FEB10500PUT BUY 2925 108.00 -315900.00
FEB10400PUT SELL 2925 38.00 111150.00
-204750.00
INCOME RETENTION -161460.00
I closed this position. I will create New position on Friday.
Nifty closed below 10500, seems uptrend has ended.
I incurred loss.
I expect Nifty continue in a range, before, it goes into a down trend.
In ranging market Ironcondor is suitable.
But I want to test this strategy, considering Nifty as in downtrend, and now selling Calls
Initial capital 2493127.25
Minus:Loss -161460.00
Net capital 2331667.25