The Volatility increased a little by about 5.5% yesterday and that made my deals hit target. Our Bear Call Spread, Selling Calls in the anticipation of a small down trend /retracement, paid out. The market is a little more shaky and hence is moving more volatile. Great trading opportunities.
We closed our position at the red candle. Is there more to come? I dont know. Our Call Spread hit 32%. Thats it, target.
The move was not that much but volatility increased as mentioned before and hence PUT prices went up due to the bearish sentiment, and our calls lost on value quickly. GOOD!
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