BankNIFTY Theta System - Weekly Expiry Strategy (2 Lot)
Updated
BankNIFTY is likely to consolidate with results anticipation from HDFC Bank and Trump Tariff.
Sell 26900 PE at 117.85
Sell 27000 CE at 145.95
Initial Credit = 263.8
We'll make full 10552 INR on 150000 INR deployed if our trade goes right and ends in 26900-27000.
Upper Breakeven = 27263.8
Lower Breakeven = 26636.2
Payoff Graph = unofficed.com/options-calculator/?save_id=5b4a275526952440263610
There will be nasty shifts of breakevens if BankNIFTY moves rapidly. Please keep eye here or in the forum for fastest updates.
Sell 26900 PE at 117.85
Sell 27000 CE at 145.95
Initial Credit = 263.8
We'll make full 10552 INR on 150000 INR deployed if our trade goes right and ends in 26900-27000.
Upper Breakeven = 27263.8
Lower Breakeven = 26636.2
Payoff Graph = unofficed.com/options-calculator/?save_id=5b4a275526952440263610
There will be nasty shifts of breakevens if BankNIFTY moves rapidly. Please keep eye here or in the forum for fastest updates.
Trade closed: target reached
26900 PE closed at 92. 27000 CE closed at 0.
Net profit = 263.8-92 = 171.8
6872 INR on 130000 INR
Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.