Weekly Position Review

Hi Friends,

Lets review our position for this week now.

Market moved a bit this week, but not to impact our position substantially. In fact our notional profit has improved further. The position is now showing Rs 2100

Profit

Lets now see if the position needs any adjustment.

Delta of both option position is now 0.20 but we are holding 150 short puts and 100 short calls. This means we need to balance the position.

The position status is given below as we analysed it.

We will balance the position by selling additional 50 calls. This will make the position now with 150 call and 150 puts.

The position is now balanced with delta of 0.20 on each side. Revised position is now as below:

Lets see the performance now over coming week.

Enjoy your trading.

Abhijit