EDIT: DUMPED HEDGE ALSO. Going to sleep and dont want to keep this open. What makes me feel bad about this trade is that the futures buy was almost a perfect entry yesterday but the trade got messed up due to the hedge..I learnt a lesson but will share more over weekend.
Overall a bad trade. Oh well still a good week. The hedges were not properly done on this trade. I know why now but will post this and more thoughts over the weekend. Going flat for the weekend...We will see more next week....
Sheet also updated above. Have a good weekend all...
Close Nifty Futures at 2755. Hedge(PUTS) are still open. The way I hedged this was all wrong..Even though the trade entry was really good, the hedge was too large to make the trade effective. I will try to rebalance this trade today....Watch here for updates.
Later tomorrow I will write more on the hedge and what went wrong. I am also learning and experimenting in this.