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

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