As we have the expiry in 3 days - I feel it is better to close the current month CALL option & to change this into next month option...!
I have just closed the positions of FEB - 7200 CALL OPTION & only to that value Switched to
MAR 7500 CALL Option....!
Though , the indicators signal is very clear - there is nothing wrong in it ...!
There will be some changes in the buying price... as we have sold at 71 & entered MARCH 7500 CALL at 78.00 rupees...!
There is an increase of Rs. 7.00 & Plug brokerage is Rs. 3.00
So, our break even of 188 is increased to Rs. 198.00 - which is currently available at 172.00 in actual...! But, there will not be any problem...! Let us stay cool...!
Sorry ---- Don't think since we have entered - we should not close...!
Nothing like that....! Do whatever is required , cleverly...!
Sail it safely...!
Immediately , after closing , even if it touches 7350 also ---- do not feel bad....! Once we closed , that is not our counter.... not to bother anything....!
With kind regards,