Shorts added in Banknifty than Nifty with decreasing max pain (800). Looks weak. Time for Elite+ in May or sell CE

Jegathesan DurairajJegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is

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Though market fell down at close, not short added. Still FNO data is silent. May lead to range-bound. Time for range-bound strategies

Jegathesan DurairajJegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is

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Did expiry trading with reference of Put Calendar & grabbed 30K in expiry. Exited all earlier positions and taken short strangle with weekly hedge. ROI : [-0.08%]

Trading Terminal Trading Logs Buy/Sell Trading Symbol Total Qty Average Price Exchange Time Stamp Exchange Order No 0 Sell BANKNIFTY2140832600PE 550 3.75 2021-04-08 15:03:32 1.600000e+15 1 Sell BANKNIFTY2140833000CE 550 3.70 2021-04-08 15:00:56 1.400000e+15 2 Sell BANKNIFTY2140833000CE 550 3.55 2021-04-08 15:00:51 1.400000e+15 3 Sell BANKNIFTY2140833100CE 550 3.55 2021-04-08 14:58:24 1.400000e+15 4

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Not much long added, but significant of PE OIs are added with great support at 14700. Time to sell more PE and less CE

Jegathesan DurairajJegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is

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