Puneet2020

bank nifty strangle 47500 and 49700 for combined premium of 44

Puneet2020 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Far Out of money Strangle.
Looking at the current volatility, have taken a comparative safer strangle in bank nifty
Combined premium of 44 x 1 lot that is 660
Comment:
From 19 to .9 paise

from 25 to 48, net 3 Rs Loss, so far
Trade closed: target reached:
Finally Zero after heart shaking volatility , 16th expiry. Full profit
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