Unexpected rate cut by 25 basis point by new Gov. Shantikantan Das. What did you trade today?

Umar · February 7, 2019, 6:24am

Please share brief trading strategies and your opinions on it. Dont give stock tips

P.A.W · February 7, 2019, 6:30am

The Monetary Policy Committee (MPC) of Reserve Bank of India, reduced the policy repo rate by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.

https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=46235

I’m using Sensibull, i’ve placed a put spread…

Umar · February 7, 2019, 7:48am

My Trade
Got myself a debit spread. Bought a lot of Nifty 11100 CE and sold 2 lots of 11400 CE by paying 85 points(net).

Given the positive outlook of the RBI meet, hoping Nifty remains around 11300-11350 till the end of this expiry.

bihitayim · February 7, 2019, 8:20am

What is the total fund requirement for this strategy?

bihitayim · February 7, 2019, 8:22am

What is the total fund requirement for your strategy?

Umar · February 7, 2019, 9:23am

1.5L