When looking at calendar spreads you still have to take into account the probabilities. A regular calendar spread has a low probability of success and the curve is not wide enough to keep the trade on for any extended length of time. This is why you have to exit the trade early say within 3-4 days because you mitigate the inherent low probability by not holding on to the trade for long. Shorter time frames increase your probability of directional success.
Trend in FII flows: The FIIs were net buyers of Rs -564 the cash segment on Thursday while the DIIs were net sellers of Rs 245.32 as per the provisional figures.capitalstars
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