Markets were closed on friday due to Labor day. Opened gap down at 9520 and closed 9305. I took a short position on nifty with nifty 9500 may 7 pe at 258 and closed it at 267. The pe went to high of 330, i kept slm at 268 when it went to 288.I kept the order as I was studying a course on options. Key learning from the position was to be patient and set targets as 30 point, 60 points. And most important thing learning from few trades are when spot price falling/increasing options prices falling/increasing with more volatility and when spot price reversing prices falling dramatically .
