DhirajSinghBais

BANK NIFTY TRADE PLAN (WEEKLY OPTIONS): 27 JUL 20 ONWARDS

NSE:BANKNIFTY   NIFTY BANK
BANK NIFTY WEEKLY OPTION STRATERY

TRADE PLAN

Sell
22000(CE+PE):-2
23500(CE+PE):-2

Buy
21600 PE: +1
22200 CE: +1
23300 PE: +1
23900 CE: +1

Net credit 446
Max Profit 6187
Max Loss 3814
Break Even 21753,23747
Margin Required 1. 01 L approx.
POP 69%
ROI 1.18%

Comments

what is the name of this strategy ?
+2 Reply
DhirajSinghBais parthsaluja125
@parthsaluja125, its double broken wing butterfly....
+7 Reply
May I know if these to be done at the same time and when to square off positions?

New so not clear...
Reply
@vinieg, all legs to be executed at the same time, holding till expiry.........
Reply
vinieg DhirajSinghBais
@DhirajSinghBais, thank you.. Just a query, I observed that premium is adjusted and reduced so to expiry there are chances that premium goes to zero.. Not sure how to manage that...
Reply
vinieg DhirajSinghBais
@DhirajSinghBais, what about daily buy and then sell?
Reply
@vinieg, all goes to zero & u just walk away with the credit received.........
Reply
Complex strategy with a fair amount of margin reqd, but very good Risk to reward ratio!
Reply
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