I am going to lose most of what I had bet in the earlier trade, unless there is some respite from the equity markets. I have bet literally peanuts this time on an OTM call on Nifty at 4700 strike and July expiry. Nifty was at 3890 when I had executed the trade.
No forecasts, no analysis, no fundas and no mentals, this is just a probabilistic bet. I am playing the Nifty volatility and can make my speculation look good even if there is a temporary (this is obviously not an investment, for more fundaes read “The Intelligent Investor” by Ben Graham) . Upside – I will recover what I lost in my first trade and even make a small profit 
Downside – I lose my peanuts as well 
Let, as an omen, the post not end with a so I will place this at the end And with one more in this sentence, the total number of are less than the total number of Even markets work like this!
Filed under: Investing | Tagged: call options, derivatives, nifty
