Credit Spread # If you are selling higher Delta strike(ATM/ITM) & buying lower (OTM/Deep OTM) for hedging & marging benefits.
What is Spread # A spread is a strategy that involves taking opposing positions in different but related instruments(it will conists of positions that move in the opposite Direction with respect to change in market conditions,one strike trade will be profitable & other will be loss making) || For more details click here
Lets discuss Mar-13 Expiry Trade || Today NIFTY given strong closing || created Position in NIFTY weekly Expiry against my Long position in NIFTY heavyweight stocks ( Refer Screenshot for Details)
Trade Details
Option Trade Performance Sheet
For 9 Jan Expiry Trade details Click this Link
For 16 Jan Expiry Trade details Click this Link
For 23 Jan Expiry Trade details Click this Link
For 30 Jan Expiry Trade details Click this Link
For 06 Feb Expiry Trade details Click this Link
For 13 Feb Expiry Trade details Click this Link
For 20 Feb Expiry Trade details Click this Link
Mar-07 # Today market closed around 22552 || On Closing basis I am having Loss of 540 (Refer Scrrenshot)
Mar-10 # Today market closed around 22460 || On Closing basis I am having Profit of 1560 (Refer Scrrenshot)
Mar-11 # Today market closed around 22498 || On Closing basis I am having Profit of 438 (Refer Scrrenshot)
