Update on Trade 31: May 7 Indian market
See previous post on purchase of 5 lots of May 5200 puts at premium of Rs 146.
Book profits ( net profit Rs 5000) on five lots though it is possible that lower values on nifty today will give higher premium/profit.
Hold trade 29 till tomorrow and buy another 10 lots of May 5200 call options ( Trade 32) in late afternoon if premium goes to Rs 80 to average out