Long added to Nifty, but still Banknifty is in short-covering mode. However sentiment changes to positive. Looks mildly positive. 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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Done only BNF, with 1x exposure. Good expiry for me as a System trader though it moves violently. Made 5L profit with ROI : 2.3%.

Trading Terminal Trading Logs Buy/Sell Trading Symbol Total Qty Average Price Exchange Time Stamp Exchange Order No 0 Buy BANKNIFTY2150632800CE 25 27.30 2021-05-06 15:16:15 1.400000e+15 1 Buy BANKNIFTY2150632800CE 25 27.30 2021-05-06 15:16:15 1.400000e+15 2 Buy BANKNIFTY2150632800CE 25 27.55 2021-05-06 15:16:15 1.400000e+15 3 Buy BANKNIFTY2150632800CE 25 27.30 2021-05-06 15:16:14 1.400000e+15 4

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Shorts are covered, but no long added yet. FNO data smells flat market, but global cues are positive. Time for range-bund 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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Aggregate shorts still added in Nifty and Banknifty. Breaking 14450 may create panic downside. Looks weaker. Time to 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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Still shorts added in Banknifty and pain comes down. Nifty looks range-bound. Time to sell CE in Banknifty and PE in Nifty

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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