Anticipating Short-Covering: Nifty50 Spot Recovery Strategy

Diupdate
I anticipate a short-covering rally in the Nifty50 spot, expecting a recovery as long as the spot doesn't dip below 22323.60. I've taken a long position below 22442.20, with a strict stop loss set at 22323.60.
Trade aktif
Bought 22300 Call Option (2nd May 2024 Expiry) @ 242.20
Catatan
Holding till expiry (2nd May 2024) Stoploss & Target Premium.
Trading ditutup: target tercapai
Booked Profit from 22300 call option @ 381.00
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