Trade must be terminated tomorrow 1st FEB EOD , no carry forward
Scenario 1) If Banknifty goes to 27400 , We will make small profit (50-70 points) in FEB 22 expiry calls while FEB1 expiry calls will be no profit , no loss.
Scenario 2) We are interested in short trade , so if expiry is at 27000 we will get 300 points in FEB1 calls and we will loose 120-150 points on FEB22 calls so net profit is 150+ points.
worst case Scenario 3) Banknifty drops to 26500 , 300 points gain FEB1 expiry and 350-400 points loss on 27200 FEB22 expiry calls So net loss is 50-100 points
Folks the advantage is since 2 scenario we are in profit and 1 scenario is loss , so we have 66% chance of winning trade
No overleverage and blowing of account. Don't expect 10 lakh rupees profit in a day( Be realistic)
Consult your financial adviser before investing , options are risky
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Folks hold on to position , Right now scenario 1 is in play , Tomorrow EOD scenario 2 can happen, Stay put.
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Folks don't exit this position right now, we will take a call on it at 3.20 pm today , I'm sure we are going to make 50-100 point profit on this one.
Just hold on, Stay put
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Folks you can start booking profits of 40 points . we are losing 80 points on FEB 1 calls we are making 120 points on FEB 22 calls , So enjoy profits .
Don't be greedy , Book profits.
Trade closed: target reached
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Folks enjoying profit ? 100 points . FEB1 call book at @ 155 FEB 22 call book @ 440.
Enjoy profits , Close the trade , EXIT , EXIT.
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Final call : No carry forward of position , Book profits folks , Book out.