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2020 US election results watch !!!


velu

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5 minutes ago, diga said:

Stock market .. 


@velu So whats your option strategy ... sell puts?

 

 

i mostly do option  selling , but option sellers should avoid these risky days :pray: 

i did long strangle on Friday expecting a big move either side , but mkt closed near my levels and premiums tanked ..  lost 6L+ , sp no more election trades :((

 

when bjp won for the second time , mkt gap up by 4/5% but it corrected after ..

 

 

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1 minute ago, velu said:

 

 

i mostly do option  selling , but option sellers should avoid these risky days :pray: 

i did long strangle on Friday expecting a big move either side , but mkt closed near my levels and premiums tanked ..  lost 6L+ , sp no more election trades :((

 

6Lakhs is quite big.. 

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1 minute ago, diga said:

6Lakhs is quite big.. 

 

 

i do buy trades only during big events , rest i do only selling or calendar/diagonal spreads ..

was waiting for this trade for the last 2 months :((

bought 24.5k call & 23.5k put for 670 , went to 750+ , when mkt tanked thought i will make a killing ..

 

but mkt recovered in the end and premiums too crashed ..

 

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