Bank Nifty Strangle

Bank Nifty Monthly Strangle : Sell 4600 CE at 100

Sell 40500 Put at 45 x 2 lots
Slightly bearish delta, but thats ok as BNF is already riding very high already

Trade active:

Active at 100 and 45

Comment:

From 100 to 27 , 73% return

from 45 to 18 , again 60 % return

Rocking trade : total profit so far Rs 127 with 1 & 2 lots

Comment:

100 % return as Nifty options closed at Zero

Trade closed: target reached