Nifty Bank Index

Education

Updated

Bank Nifty short 23400PE

Shorted 1 lots of 23400PE of 11 October Expiry at 25

Total Points gained = 25

Lower BEP for 23800PE = (23400 - 25) = 23375

https://unofficed.com/options-calculator/?save_id=5bb2450d9626b510710595

Trade active

Shorted 1 Lots of 23500PE of 11 October Expiry at 26

Total Points gained = 26

Overall Lower BEP becomes = 23449

unofficed.com/options-calculator/?save_id=5bb4d6c9548bf193484191

Trade active

Sold 3 lots of 23400PE of 11 October Expiry at 40
So now it is avg to 32.5

Now below are the trade details :
4 lots of 23400 PE at 32.5
1 lot of 23500 PE at 26
Total points gained = 26+(32.5*4) = 156
Total profit = 156*40= 6240
we will get full profit if it expires above 23500
Overall Lower BEP becomes = 23395

unofficed.com/options-calculator/?save_id=5bb72d7018511408681230

Trade active

We are in profit.
Profit = 5948 as of now

Trade closed: target reached

Closed automatically with whole profit.

Note

So made a profit of 6240.

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