Long

Long Bandhan Bank in Cash Segment

Updated

Bought 33% shares of #BandhanBank 1 lot in Cash Segment and Shorted 320 CE of September Month
1) shorted 320 CE of September Month @ 2.55

Actions to be taken :-
i will gradually buy the stocks once it will go upside as well as go downside.
If Stcoks will go down then i will adjust the CE to get the premium from OTM CE.

During Expiry :-
if Stocks will stay between 285.5 to 320 in this month then we will be in profit in Cash segment and the option will be OTM and will expire zero.

Note

Bought more 20% at 295

Total No of stocks becomes : 954 shares
Avg price : 289.08

Still i am holding the 320CE

Note

Squared of 320 CE of September at Rs .55

Made a profit of = (2.55-.55) = 2 Rs

Total Profit made = 2*1800 = 3600 Rs
% of Return = 2.13

Note

310 CE of September Sold at Rs 1.20

Lot Size is = 1800
Amount collected = 1.20 * 1800 = 2160
Margin blocked = Rs 186000

% of Return if not ITM = 1.16129032258064 ~~ 1.1613
Upper Side BEP = 311.2

Note

Forgot to update here later on.

Trade active

Squared of 310 CE of September at Rs .4

Made a profit of = (1.20-.40) = .8 Rs

Total Profit made = 0.8*1800 = 1440 Rs
% of Return = 0.7741935484

Note

300 CE of September Sold at Rs 1.25

Lot Size is = 1800
Amount collected = 1.25 * 1800 = 2250
Margin blocked = Rs 209000

Note

Squared of 300 CE of September at Rs .2

Made a profit of = (1.25-.20) = 1.05 Rs

Total Profit made = 1.05*1800 = 1890 Rs
% of Return = 0.9043062201

Note

330 CE of October Sold at Rs 7.35

Lot Size is = 1800
Amount collected = 7.35 * 1800 = 13230
Margin blocked = Rs 168000

Note

Squared of 330 CE of October at Rs 6.45

Made a profit of = (7.35-6.45) = 0.9 Rs

Total Profit made = 0.9*1800 = 1620 Rs
% of Return = 0.9642857143

Trade closed manually

Squared off my all positions :-

In Equity ,
Closed all at 293
So made profit = (293-289.08) * 954 = 3.92 *954 = 3739.68 Rs

in Derivatives,
Total Profit made = (3600+1440+1890+1620) = 8550 Rs
% of Return = 4.77

Overall Profit made = (3739.68 + 8550 ) = 12289.68 Rs

sounakk

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