What enjoy!! It is 250 now
1) NO ! YOU ARE NOT IN LOSS till now, you just bound to return your 91% collected premium of this trade -- Picture Abhi Baaki Hein...:!
2) Your trade is naked, so you are bound to supply more margin money to your broker. (but, Its not your losing money)
3) BNF MAX PAIN is at 15800 and CE 16000 has Max OI with 5,84,075 on 17/10/2014 assumed Up-side limit. Therefore, BNF my not cross this level in this series - You retain all '133' premium -- JUST ENJOY :yahoo:
4) But presently Indian Market is in good condition (fundamentally), and before Diwali, it may reach up-to CE 16500 level,
5) So you are in DANGER POINT, hedge your trade immediately by same quantity of BNF as soon as BNF crosses 16000 without any second thought (Actually your time start now). Keep tight STOP LOSS as your psychology suggest.:gun2:
6) Otherwise BOOK LOSS and leave your trade
BEST OF LUCK:thumb: