Strangle BN Nifty
Updated
Sell 53000 Call 36 and 49900 Put x 2 lots at 27
total premium 90 Rs.
Please note this is a Naked strangle, to hedge buy corresponding legs on next week or higher strike price legs same weak, thumb rule buy options of 1/2 price of what is sold
total premium 90 Rs.
Please note this is a Naked strangle, to hedge buy corresponding legs on next week or higher strike price legs same weak, thumb rule buy options of 1/2 price of what is sold
Trade active
From 36 to 27 CALL and from 27 to 18 Put., Total premium decay done, 27-18= 9x2 lots
36 - 27, = 9
Total 9+18 = 27 bucks done
Trade closed: target reached
Squaring off, tomorrow is another day, another setup, another trade
From 90 decayed to 26.
Note
FROM 90 TOTAL TO 4 EACH , Rocking trade as mostly , hope some of you got the benefit 
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