Update

Our trades:

1. Sell 8200 PUT (4 lots) and 7600 CALLs (4 lots) of NIFTY of October expiration. Monitor this on EOD basis and exit from loss making trade ( and stay foot in other trade) if and only if combined loss is more than Rs. 5000/- .
2. Sell DishTV 130 CALL around 1.80 of October expiration. If loss is more than Rs. 5000/- then just exit from trade.
3. Buy 2700 strike price TCS CALL around 38/- Loss could never be more than 5000/- so stay in the trade either till expiry or till quarterly results.
4. Buy 880 PUT of Sunpharma around 22 and Sell 840 PUT of Sunpharma around 10, loss could be maximum 3000/- and profit potential Rs. 7000/- so carry this trade till expiration. 
5. Southbank: Buy Southbank 25 CALL around 0.90/- SL 0.40. This bank is showing some urgency, trading above key averages with good volumes in recent past and who knows could able to make mega money for us.

Update

NIFTY:
NIFTY 7600 CALL was purchased around 370 and NIFTY 8200 PUT was sold around same price. Let us say 370/-
Since market went down, premium of PUT sell contracts gone up by about Rs. 40 whereas CALL premium has gone down by Rs.40. So there is no net effect at EOD today.
We will continue this trade.

DISHTV
Sold at Rs. 1.80 and currently trading at around 1.35. Today total profit was Rs. 1800/-
We are continuing with the trade.

TCS
TCS entry around 38-39 and currently trading at marginal profit.

SUNPHARMA
Continue with the trading strategy. It is in profit. But there is possibility, since it opened with very huge price difference one could not have even able to enter in to the trade. We could not take any position here. We will replace the trade in next couple of days.

Southbank:
It is in loss. Total loss today was Rs. 1200-1300/-. We are holding on to the trade.

Net result: Holding all positions with very marginal profit today.

Disclaimer: This blog does not take any responsibility of your profit/loss