BankNIFTY Theta System - Weekly Expiry Strategy (2 Lot)

Nifty Bank IndexNSE

Description

⋅ Jul 14, 2018 6:36 PM

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.

Trade closed: target reached

⋅ Jul 19, 2018 1:53 PM

26900 PE closed at 92.
27000 CE closed at 0.

Net profit = 263.8-92 = 171.8

6872 INR on 130000 INR

Chart Patterns Trend Analysis