neneram

Idle money Bank Nifty trade till 9.15am Monday

NSE:BANKNIFTY   NIFTY BANK
Hi All ,
Many times we have idle money i.e money is not fully invested and we don't earn interest on it , so for such money , following is trade till 9.15 am Monday , execute below after 3.20 pm today

Sell BankNifty 23500 put @ 46 (1 lot )
Sell Banknifty 25000 call @ 28 (1 lot )

Trade must be exited at 9.15 am monday morning, Both the call/put has to be sold , You need capital of 1 lakh minimum , if you don't have , this is not for you .

Expected 10 point drop in both the premiums . Don't expect million dollars in 1 trade

More on this later ..

Consult your financial adviser before taking trade, options involve high risk
Trade closed manually: Exit , Exit folks , we are making nice 18-20 point
Comment: screaming exit , Book profits .

Profit is best friend in town , take him home
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.