30 Oct Bank Nifty strangle
Updated
Sell 52400 @ 37 and 50400 at 40
Total Premium 77 or 114
Sell 2 lots of 52400 call at 37
1 Lot of 50400 Put at 40
Total Premium collected 114, SL nil, Naked sell for 30th oct.
Take this trade only if u understand adjustments, else safer would be selling 1 lot each and SL to be double of what is sold.
So for 37 SL is 75 and for Put its 80.
Total Premium 77 or 114
Sell 2 lots of 52400 call at 37
1 Lot of 50400 Put at 40
Total Premium collected 114, SL nil, Naked sell for 30th oct.
Take this trade only if u understand adjustments, else safer would be selling 1 lot each and SL to be double of what is sold.
So for 37 SL is 75 and for Put its 80.
Note
52400 from 37 to 28, thats 18 Bucks :)Note
From 37 to 20 x 2 lots, 34 Rs done.
meanwhile 50400 Put from 40 to 43 only
Note
50400 PUT from 40 to 29
52400 from 37 to 20
total Premium decay : 45 Rs from 114.
Note
50400 40 to 14 , rocking
52400 37 to 47
Trade closed: stop reached
Call Stop Loss triggered at 80
Put 40 to 9 now
Net Net No loss
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