Options Trading Positions | 7 March 2019 | Update 4

The first weekly expiry of March was indeed very interesting. The market remained flat for a large part of the trading session but in the second half, Bank Nifty rallied to end the day with 138 points.

Nifty on the other hand, held on its support at 11050 and managed to closed in the green with a small gain of 5 points.

Despite the market rally, it did nothing much to my Options trading call positions. In fact my Weekly Bank Nifty Put made an early exit when it triggered my Stop loss at INR 150.

Today I was expecting that Bank Nifty will see some profit booking after the strong rally for the past 3 trading days but that did not materialize. This happens in trading and we should not feel that our analysis is wrong. Its all a matter of probability and our position sizing.

Like I have mentioned above, despite the positive closing of the market, my ICICI Call did not gain any premium nor did the other Calls and I still expect BNF to soon have a profit booking session soon.

With that view, I have added another BNF Weekly expiry Put i.e. 27500PE at INR 97.

Here are the status of my options trading positions as on March 7, 2019 EOD.

OPEN POSITIONS

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CLOSED POSITIONS

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Realized Profits: INR (+) 58525/-

Unrealized Profits: INR(+) 1557.50/-

[DISCLAIMER: The options trading positions above are my personal trades and is intended for general information and educational purposes only, not a Buy/Sell recommendation. Please use your own risk management techniques. Any loss incurred from following my personal trades will solely be at your own risk]