11 Sept Strangle - total Premium 21 Bucks
Safe strangle for 11 Sept for begginers or conservative traders.
Sell 52200 Call at 12.5 and 48500 Put at 8.5-7
Total premium take home would be around 20 Rs.
Agressive players can sell 52000 and 49000 and so on
Please note this is a naked sell and any gap openings can completely throw this out of proportions, to hedge buy respective farther legs.
Sell 52200 Call at 12.5 and 48500 Put at 8.5-7
Total premium take home would be around 20 Rs.
Agressive players can sell 52000 and 49000 and so on
Please note this is a naked sell and any gap openings can completely throw this out of proportions, to hedge buy respective farther legs.
Note
Call still same price , Put already fro 8.7 to 7.3, thats 15 % decay in less than 15 minutesNote
From 20 to 1.5 Rs now. Trade closed: target reached
Target done, hope you guys understood the concept of far OTM selling to get safe money
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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.
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.