Musings

 Date 25-11-2020  One day before expiry- if 190ce was held till expiry and its in ITM then its possible to move to next month 10 points above to DEC 200 CE at a profit. if in ITC falls then 200 CE will depreciate and you can get out of this CE position w/o loss   in case 200 CE gets in ITM slightly we can make same adjustment next month and push to jan otherwise in case if 200 CE is deep ITM then below is the premium difference during the expiry  Learning :  1. Choose a stock which does move continuously in the same direction , even if it moves it should not move drastically 10% month after month - Deep ITM adjustment will lead to loss while light ITM option can be moved for profit  2. When you know that your one side is getting into ITM- sell more on the other side to make more profit which  can used to get out of losing position