Today Using 200± Straddles (Nifty)
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1st - Today Gapdown Open2nd - 25100 Straddle (P&F) - Decay.
25500 Straddle (P&F) - Expansion.3rd - Index Continue Consolidation 9.50 . then a big red candle Price break VWAP & Continue down.
4th - i Compare 25100/25500 . a huge deference i notice, 25100 down path clear. and notice at 25500 there is yesterday L3, So i am thinking That can be reversed at any moment. & also 25100 has D-smart Below but 25500 stay has D-smarts Inside.
5th - Straddle first Entry Gave, but i use 0.5 box size thats reason my entry missed. When the price completes the my first target , I also decreased the box size to 0.25, then i saw the pattern became active at 9.59 in the morning.
(This was my Mistake Today, A good trade Missed )
I am Beginner and that my today view - ( Day - 3 Straddle Trading )