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Futures & Options Trading => Our Current Trades => Topic started by: Michael Gonsalves on Nov 04, 2021, 10:38 AM

Title: Week ended 11th November: Calendar in the Bank Nifty
Post by: Michael Gonsalves on Nov 04, 2021, 10:38 AM
For the week ended 11th November, I have again decided to opt for the Calendar strategy. I did this because yesterday the ViX plunged a massive 6.5%. If the ViX now rises, the strategy will gain.

(https://zerodha.trade/zerodha-uploads/BankNifty-Calendar-041121.png)
Title: Re: Week ended 11th November: Calendar in the Bank Nifty
Post by: Michael Gonsalves on Nov 11, 2021, 04:20 PM
In order to cope with the steep plunged in the Bank Nifty (The Calendar was opened at 39500 while the Bank Nifty closed today at 38560), I had to roll down the short strikes and also put a stop loss on the long strikes. The effort led to a gain of Rs. 2.9 Lakh.

(https://zerodha.trade/zerodha-uploads/Bank_Nifty_Calendar_111121.png)