Text only | Text with Images

Traders & Investors Paradise

Futures & Options Trading => Our Current Trades => Topic started by: Michael Gonsalves on Sep 24, 2021, 04:48 PM

Title: Calendar in the Nifty for 30th Sept
Post by: Michael Gonsalves on Sep 24, 2021, 04:48 PM
I started a new calendar spread in the Nifty by buying the October options and selling the September options.

(https://zerodha.trade/zerodha-uploads/Nifty_Calendar_spread_sept.PNG)

(https://zerodha.trade/zerodha-uploads/Nifty_Calendar_spread_sept_2.png)
Title: Re: Calendar in the Nifty for 30th Sept
Post by: Michael Gonsalves on Sep 29, 2021, 04:01 PM
The Calendar is doing quite well thanks to the increase in the ViX. I added to the position by buying the Nifty 17800CE October and selling the 17750CE of September.

At present, the position is showing a handsome profit of Rs. 1.40 Lakh.

(https://zerodha.trade/zerodha-uploads/Nifty_Calendar_Options_Trade_Strategy_290921.png)
Title: Re: Calendar in the Nifty for 30th Sept
Post by: Michael Gonsalves on Sep 30, 2021, 04:30 PM
The steep plunge in the Nifty, coupled with a drop in the ViX, led to heavy losses in the long calls. However, by aggressively moving the short calls closer to the spot, I made a gain of Rs. 1.19 Lakh.

(https://zerodha.trade/zerodha-uploads/Nifty_Calendar_Options_Trade_Strategy_300921.png)
Text only | Text with Images