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Traders & Investors Paradise

Futures & Options Trading => Our Current Trades => Topic started by: Michael Gonsalves on Oct 14, 2021, 07:45 PM

Title: Week ended 21st October: Iron Fly in the Bank Nifty
Post by: Michael Gonsalves on Oct 14, 2021, 07:45 PM
The straddles are at 39300 and 39400. The wings are at 38500 and 40100. The BEPs are at 38821 and 39879.

(https://zerodha.trade/zerodha-uploads/Bank_Nifty_Iron_Fly_141021.png)
Title: Re: Week ended 21st October: Iron Fly in the Bank Nifty
Post by: Michael Gonsalves on Oct 18, 2021, 03:55 PM
The surge in the Bank Nifty to 40000, the subsequent plunge, coupled with the steep increase in ViX spooked me. As my positions was still flat, I decided to exit and reevaluate the position later.

(https://zerodha.trade/zerodha-uploads/bank-nifty-iron-fly-181021.png)
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