Today's Strategy in Carry Forward as below:
SnapShot: Nifty moves in narrow range of 6180 to 6220 levels, thus providing breakout in either direction today or tomorrow. Next levels to watch for once breakeven points taken out: 6110 and 6290
Strategy:
Between 6150 and 6250 no action require.
If market breaks 6150 levels and settles between 6110 and 6150 today,
6200 Puts and Call hedge positions need to square off, with new positions to be written after calculating Open Interest which is building Up.
On Up Side, no strategy seems to require today as chances of breaking 6250 not seem possible as of now. But if its get break then will design the strategy accordingly.
SnapShot: Nifty moves in narrow range of 6180 to 6220 levels, thus providing breakout in either direction today or tomorrow. Next levels to watch for once breakeven points taken out: 6110 and 6290
Strategy:
Between 6150 and 6250 no action require.
If market breaks 6150 levels and settles between 6110 and 6150 today,
6200 Puts and Call hedge positions need to square off, with new positions to be written after calculating Open Interest which is building Up.
On Up Side, no strategy seems to require today as chances of breaking 6250 not seem possible as of now. But if its get break then will design the strategy accordingly.