“An Intraday Close strangle- carried forward”
#pixarts.trade , Journal
Market opened gap up but within the estimated range, and at around 9:30am when Vix was crushed, trade (Strangle) was exited…[..]
Shillong :: An intraday close strangle executed on Friday after a good decay was already observed with an anticipated range of loss on upside & down side- trade was carried forward for today morning.
Market opened gap up but within the estimated range, and at around 9:30am when Vix was crushed, trade (Strangle) was exited.
At around 11am, first dip occurred and a green candle was formed at 50% Fibonacci Level, here a 23400 Put was sold at Rs. 76 with SL at Rs. 100.
Waited for the trade and followed the chart and finally at 14:38Hrs after 2(two) back to back red candles were observed and exited accordingly with trailed stop loss.
The Order Book:
