Have been looking to get into ITC once it come close to 280 or below. I got my chance on Sep 6 and entered Sep at 277.
Fast forward Sep 13, the stock is showing weakness and showing tendency to consolidate between 270-275 or possibly go down furhter if it breaches 270 on the downside.
Deployed the hedge by selling 275CE.
Will be tracking it and updating the position.
Fast forward Sep 13, the stock is showing weakness and showing tendency to consolidate between 270-275 or possibly go down furhter if it breaches 270 on the downside.
Deployed the hedge by selling 275CE.
Will be tracking it and updating the position.