BankNIFTY Theta14 System - Weekly Expiry Strategy (2 Lot)

Jul 15, 2018

BankNIFTY is likely to consolidate with results anticipation from HDFC Bank and Trump Tariff.

Sell 27400 CE at 38.2
Sell 26700 PE at 52.55

Initial Credit = 90.75

We'll make full 3630 INR on 140000 INR deployed if our trade goes right and ends in 26700-27400.

Upper Breakeven = 27490.75
Lower Breakeven = 26609.25

Payoff Graph = unofficed.com/options-calculator/?save_id=5b4bb231abbd0273543981

There will be nasty shifts of breakevens if BankNIFTY moves rapidly. Please keep eye here or in the forum for fastest updates.

Jul 16, 2018

Note

Closed 27400 CE at 14; Opened 27100 CE at 50.15

Jul 19, 2018

Trade closed: target reached

Profit on 27400 CE = 38.2-14 = 24.2
Profit on 27100 CE = 50.15
Profit on 26700 PE = 52.55

Net Profit = 50.15+52.55+24.2 = 126.9

Net Profit = 5076 INR