Did short strangle strategy on SBIN :-
Current price was 25188
1) Shorted 1 lot 24000 PE at 31
2) Shorted 1 lot 26500 CE at 12.65
total points gained = 43.65
Total profit = 43.65*40= 1746
We will get whole the money if it expires between 24000 -26500
Upper BEP = 24000 - 43.65 = 23957
Lower BEP = 26500 + 43.65 = 26543
unofficed.com/o...ons-calculator/?save_id=5b...
Current price was 25188
1) Shorted 1 lot 24000 PE at 31
2) Shorted 1 lot 26500 CE at 12.65
total points gained = 43.65
Total profit = 43.65*40= 1746
We will get whole the money if it expires between 24000 -26500
Upper BEP = 24000 - 43.65 = 23957
Lower BEP = 26500 + 43.65 = 26543
unofficed.com/o...ons-calculator/?save_id=5b...
Trade closed: stop reached:
Both are Expired.So total profit was 1746