Real Trade: NF @ 5515.
Sold 5600PE 8 lots @ 141/-
Bought 5500PE 10 lots @ 87/-
Realized profit from 5600PE is 8850/-
This way previous position is squared off with little profit instead of LOSS as the outlook was bullish. Ideally position should be squared off @ 5500 level, but I took a chance and did it 15 points earlier.
Now the new current position is
10 lots 5500CE + 10 lots 5500PE, with a 1:1 Put-Call ratio with intraday neutral bias.
Sold 5600PE 8 lots @ 141/-
Bought 5500PE 10 lots @ 87/-
Realized profit from 5600PE is 8850/-
This way previous position is squared off with little profit instead of LOSS as the outlook was bullish. Ideally position should be squared off @ 5500 level, but I took a chance and did it 15 points earlier.
Now the new current position is
10 lots 5500CE + 10 lots 5500PE, with a 1:1 Put-Call ratio with intraday neutral bias.