The second option trading session of March ended on a very strong positive note. The market bounced back strongly from its morning lows and ended at the high point of the day.
My positions bought on 1st March have not made any significant move but in today’s trading session, I have bought Calls of both Nifty and Banknifty Index which did very well and the positions are still open.
Sectorwise, NBFC’s seems to have bottomed out and this is the sector which is leading the market higher. With that view, I have selected IBULHSGFIN Calls during the course of the trading day as a suitable candidate to ride the NBFC’s space rally.
Here is the status of my options trading positions as on March 5, 2019.
Profit/Loss as on 5th March 2019: (+) INR 57625/-
[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]