2023-05-25 Lucky Profit Accumulated NiftyBees +7,301

• Thu, May 25, 2023
• One-minute read

Closed Expiry Day Positions Yesterday

Lucky Profit

• Put a far down limit order & forget about it.
• Power went off when I came back It had hit & was in profit.
• Immediately took profit.
• These low vix expiries I am avoiding as it can go anywhere.
• Also Indian markets are getting uncorrelated with the US markets.

Accumulated NiftyBees ETF

• Hadn’t done this months SIP.
• I bought Nifty Index ETF today.
• I believe in current market index funds are better than MFs.
• Midcaps are up.
• I got Niftybees under 200.
• On long run it will yield profit.
• I can also pledge it.

Holding June 8th Positions

• Holding wide strangle, which will be converted to Iron condor when it breaches the critical mark.
• Skipped June 1st Expiry because Cannot predict Month beginning movement.
• I hope the decay will give more opportunity in the first week of June to close the position & take new ones.

Positions

Days History