Week ended 11th November: Calendar & Credit spread in the Nifty

[Michael Gonsalves]

Though I decided to focus on only one instrument and one strategy, I still implemented a Calendar and Credit spread in the Nifty (in addition to the Calendar in the Bank Nifty). I also sold some naked lots. shows the capital requirement at Rs. 1.24 Cr though it appears to be lesser in Zerodha.

[Michael Gonsalves]

The Calendar required hectic adjustments to cope with the plunge. It yielded a gain of Rs. 2.9 Lakh. The naked Calls also yielded handsome gains.