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sounakk
Dec 14, 2018 6:35 PM

Bank Nifty Short Strangle strategy for 20_12_2018 expiry Education

Nifty Bank IndexNSE

Description

Bank Nifty Short Strangle strategy for 20_12_2018 expiry
Sell 2 lots of 27800 CE at 9
Sell 2 Lots of 27700 CE at 13.25
Sell 2 lots of 25900 PE at 19.75
Sell 2 lots of 25800 PE at 16

Total points gained = 58
Profit = 58*40 = 2320
Upper BEP = 27758
Lower BEP = 25842
we will get full profit if it expires b/w 25900 - 27700 range

unofficed.com/options-calculator/?save_id=5c13f6f623f4c083526584

Trade closed: target reached

All the positioned expired.
so we made while profit = 2320
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