Maruti Cash Covered Trade Wheel#3

This is a wheel pattern where we sell a cash covered put and take delivery if it becomes ITM, otherwise we keep rolling to next month puts. Total margin required per lot is 10Lakhs.

Wheel #2 attached as related idea,

Dagangan aktif:

Selling 7000PE CMP @280.

Komen:

Selling 8000CE LTP@46.00. 1 lot now.

Komen:

Selling 7600CE LTP@58. 1 lot.

Komen:

SL 160 on 7600CE.

Komen:

Current Standing: 280 + 46 + 58 - 160 = 224 points.
Will wait for Maruti to cool down a bit and come to 7200-7300 before taking next position.