Daily Action Plan

Tuesday, 18 August 2015

K200 closed at 235.37 -1.95 (-0.82%) on Aug17, IV 13.327%, HV 13.112%, IV/HV 101.6%.

1. September 227.5/230 Put Spread

- DTE 24 days

- Delta 25.88 (2 points down move will hit above Delta 30)

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

- 5.37 points away

- 227.5/230 Put bid/ask 1.30/1.31 (3 points down move might  hit > 3.00)

- 1SD (244.97/225.77)

 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 52 days

- 1SD (249.51/221.23)

- Action : accumulate if Entry guidelines met