Elections are over and BJP won with majority. Or I can say NDA. Whatever, uncertainty is over. I was not planning on taking a trade today, but Vix fell by 15% and I went bullish.
I executed for my self Bank Nifty Puts -5X30100 +5X29800. I also executed Nifty Puts -4X11600 +4X11400.
For my PMS Clients, I executed a one step down spread for safety.
Later when market moved +600 points, I rolled over my positions in profit to Bank Nifty Puts -5X30500 +5X30200. I did not roll over my Nifty positions.
For clients, I again rolled over one step down to my positions.
Here is the overall position: