Daily Action Plan

Thursday, 13 August 2015

K200 closed at 237.24 -0.67 (-0.28%) on Aug12, IV 13.6660%, HV 12.934%, IV/HV 107.4%.

1. September 227.5/230 Put Spread

- DTE 29 days

- Delta 23.28 (3 points down move will hit above Delta 30)

- Loss 100% (3 points down move might hit > 200%)

- 227.5/230 Put bid/ask 1.52/1.53 (3 points down move might  hit > 3.00)

- 7.24 points away

- 1SD (248.15/226.33)

- Action : Monitor closely on the Delta, Loss% and the price of 237.5 Put.  Cut loss if Delta > 30, Loss > 200%, before 237.5 put get close to 3.00.

2. October position

- DTE 57 days

- 1SD (252.54/221.94)

- Action : accumulate if Entry guidelines met