Daily Action Plan

Thursday, 20 August 2015

K200 closed at 234.27 -0.93 (-0.40%) on Aug19, IV 13.733%, HV 12.312%, IV/HV 111.5%.

1. September 227.5/230 Put Spread

- DTE 22 days

- Delta 30.17 

- Loss 180% (1 points down move will hit > 200%)

- 4.27 points away

- 227.5/230 Put bid/ask 1.88/1.89 (1 points down move will hit > 3.00)

- 1SD (244.57/225.83)

 Action : Cut loss if Delta > 30, Loss > 200%, before 237.5 put get close to 3.00.

2. October position

- DTE 50 days

- 1SD (249.51/221.23)

- Action : accumulate if Entry guidelines met