Monday, August 25, 2014

squared put near closing

squared put near closing
Squared 8000 PE at 90.25
Since I am not very bearish and its expiry week now.
Squared the put neary Nifty 7900 inspite of my belief that nifty will break 7880.
not a good idea to carry short even if the situation seem favourable.
In nut shell today earned only Rs. 277.5 in one lot.
not bad when I was dead wrong in the morning.
Atleast i managed to close day in green.
Happy Investing

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