Daily Action Plan

Thursday, 16 July 2015
K200 closed at 249.65 -1.01 (+0.41%) on Jul15.

1. August 235/232.5 Put Spread
- DTE 29 days
- Delta 8.18
- Profit 25%
- 14.65 points away
- Action : No action required if K200 stay within +/- 2 points.

2. August 257.5/260 Call Spread
- DTE 29 days
- Delta 17.92 (3 points up move will hit above Delta 25)
- Loss 34% (3 points down move might not, hit > 200%)
- 7.85 points away
- 250 is the next support (too close), then 255 support but that is only 2.5 points away.
- Action : No action required if K200 stay within +/- 2 points.

3. September 237.5/235 Put Spread
- DTE 57 days
- Delta 17.65 (3 points up move will hit above Delta 25)
- Loss 47% (3 points down move might not, hit > 200%)
- 12.15 points away
- Action : No action required if K200 stay within +/- 2 points.

4. September position
- DTE 57 days
- 1SD (265.71/233.59)
- Action : accumulate if Entry guidelines met