Finnifty Operator Manupulation
- At 13:10 pm Operator dumped Finnifty.
- Finnifty fell 160pts.
- I had some margin left so I put an intraday finnifty strangle.
- I was in +₹ 800 profit / stangle before 13:10pm.
- At 13:45pm I was -₹ 2400 loss / stangle.
- I closed the CE first.
- I placed a bull put spread 1 strike above.
- Also ought hedge 2 strikes above.
- In right opportunity I closed my 18800 PE & added 18750 PE.
- The idea was to shift my unhedged position into 2x safer hedged position, so that even if market move either way I will be protected.
- When market corrected fromm -₹2500 loss I exited at ₹78 profit.
- I was able to manage my position despite market manipulation in the expiry.
- This was mainy die to “*Low Position Sizing”.
Lesson Learned : Shift positions which could expire fruitless towards the market at right opportunity is key for expiry success - #🧔MADDY
― OptionsMaddy
Final Position
