sounakk
Education

Bank Nifty Short Strangle strategy

NSE:BANKNIFTY   NIFTY BANK
Did short strangle strategy on Bank Nifty :-
Current price was 261
1) Shorted 2 lot 25000 PE at 32.05
2) Shorted 2 lot 27400 CE at 16.15

total points gained = 48.2
Total profit = 48.2*40= 1928

We will get whole the money if it expires between 25000 -27400
Upper BEP = 25000 - 48.2 = 24952
Lower BEP = 27400 + 48.2 = 27448

https://unofficed.com/options-calculator...
Dec 11
Trade active: Shorted another 2 lots of 25000 PE at 20.

So total points gained = 48.2 + 20 = 68.2
Total Profit = 68.2 * 40 = 2728

Lower BEP becomes = 24966
Upper BEP becomes = 27468
Dec 11
Dec 13
Trade closed: target reached: Target reached.we got the whole money.

Total Profit = 2728
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out