Daily Action Plan

Wednesday, 15 July 2015
K200 closed at 248.64 -1.20 (-0.48%) on Jul14.

1. August 235/232.5 Put Spread
- DTE 30 days
- Delta 10.49
- Profit 25%
- 13.64 points away
- Action : No action required if K200 stay within +/- 2 points.

2. August 257.5/260 Call Spread
- DTE 30 days
- Delta 17.12 (3 points up move will hit above Delta 25)
- Loss 34% (3 points down move might not, hit > 200%)
- 8.86 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 position
- DTE 59 days
- 1SD (265.12/230.98)
- Action : accumulate if Entry guidelines met