This shows you the differences between two versions of the page.
Both sides previous revision Previous revision Next revision | Previous revision Last revision Both sides next revision | ||
trade-diary [2018/08/16 19:48] 103.226.237.9 |
trade-diary [2018/08/28 21:24] 111.125.228.67 |
||
---|---|---|---|
Line 153: | Line 153: | ||
A Pair trade opportunity of Tata Motors and Tata Motors DVR was deducted due to a wide divergence between the two stock futures. Although the divergence widened post my purchase, this is only the second time in 250 + data points it has diverged so much. it will converge back , hopefully in a week closer to 1 SD. Will be tracking it to closure. Stop loss = 3 SD | A Pair trade opportunity of Tata Motors and Tata Motors DVR was deducted due to a wide divergence between the two stock futures. Although the divergence widened post my purchase, this is only the second time in 250 + data points it has diverged so much. it will converge back , hopefully in a week closer to 1 SD. Will be tracking it to closure. Stop loss = 3 SD | ||
+ | |||
+ | Aug 21, 2018 | ||
+ | After Diverging last couple of days to DC of 1.00 the stocks have started converging.. My notional loss reduced from 12+ to 3+. There was a short covering rally in dvr and for today there was gap of almost 1% btw the two stock in movt. Mean convergence should happen soon. | ||
+ | |||
+ | Aug 23, Pair trade in green today. movd towards 2 SD. Will wait for it to move to 1 SD and close. probably tomo or monday. remind me to send Karthik a gift :) | ||
+ | |||
+ | Aug 24 - choppy day. was green at +1350 at closure. Awaiting mean reversion. | ||
+ | Aug 28 - Yesterday it was in green upto 3500, today in red upto 5K+, closed in red of about 3K. Tata Motors DVR is just not moving up !! |