Options Trading Report | 20 March 2019 | Update 13

OPTIONS TRADING REPORT | 20 MARCH 2019 | MARKET SUMMARY


Another weekly expiry ended today. Bank Nifty managed to close in positive with a total gain of 64 points.

Nifty remains underperformed and closed the day with a small loss of 11 points.  Both indexes were range bound today and that led to maximum decay in premiums.

The market is closed tomorrow and the next weekly expiry trading will start from Friday onwards. Nifty is likely to continue its sideways movement with a positive bias from Friday onwards.

I did not implement the straddle and strangle intraday strategy in BNF today as the market did not give any decisive signals to breakout in any direction. I remained on the sidelines the whole trading session. Sometimes not taking any positions is also a profitable day.

OPTIONS TRADING REPORT | POSITIONS | IDEAS


I’m carrying forward only one open position in CIPLA PE. I refrained from taking any positions today as tomorrow is a holiday. We are likely to see more premiums decay if the market does not open in our favor on Friday.

I will initiate new positions either on Friday or the next Monday depending on the market conditions. In terms of ideas, I’m currently monitoring YES BANK and INFOSYS as good candidates on the long side.

For short sell ideas, BEL, IOC, BAJAJFINANCE, M&M and HEROMOTOCO is under my radar. Any new positions will be taken from these scripts for which I will update in my next Options trading report.

OPTIONS TRADING REPORT | 20 MARCH 2019 | UPDATE 13


OPEN POSITIONS


options trading report 20 march 2019 open positions
Click on image for a larger view

CLOSED POSITIONS


options trading report 20 march 2019 closed positions
Click on image for a larger view

Realized Profits: INR (+) 160582.50/-

Unrealized Profits: INR (-) 2950/-


DISCLAIMER: The Options Trading Report above is about my personal trades and intended for general Information and Educational purposes only. It is 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