TradersVenue

BankNifty May-2019 Expiry Option Spread

NSE:BANKNIFTY   NIFTY BANK
179 views
0
Election have brought high volatility and indexes giving wild swings of late. There is huge premium due to this volatility . So created below neutral option spread which has wider breakeven 26653-31681. Deployed 35% of my capital. Will do adjustments when spot approaches the BPS .

-5x 30MAY2019 27500CE - ₹ 2795
-3x 30MAY2019 30500PE - ₹ 1263.15
-3x 30MAY2019 31000PE - ₹ 1480
-1x 30MAY2019 28000CE - ₹ 2382
Max. Profit ₹ +111,729
Max. Loss ₹ Undefined
Breakevens 26653.0-31681.0
Comment: Comment: Same trade is already initiated 2 days back. You can refer below link for payoff graph and progress of the strategy. If I add any additional legs to the strategy then will post it here with updates.

http://bit.ly/2GsBa7l
Comment: 21,568 Profit. Was not active in tradingview and hence forgot to update here. For immediate and live updates you can follow me on

Tweeter: https://twitter.com/PrasunaBarik
TradingView: http://bit.ly/2J005mi
Telegram: https://bit.ly/2JSXSK1
For queries, suggestions, access requests you can reach out to me using below social media handles.

EMail_ID:- contact@tradersvenue.com
Telegram: https://t.me/TradersVenue
Twitter: http://twitter.com/PrasunaBarik
YouTube: https://www.youtube.com/channel

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out