Bank Nifty Weekend Strangle

By Puneet2020

Updated

Sell 54000 Call and 50800 Put. For a combined premium of 178-80.

Naked Strangle, heding can be done by buying the respect legs 500 Points away. #optionsell

Note

So far 54000 is at 85 ( 3 rs in profit)
50800 is at 112 ( 16 Rs Loss )
Net = Loss of 13 Rs so far.

No worries, holding on with adjustments, lookin at tomorrows event, mite lighten the position today or tomorrow before the Hon FM takes stage

Note

54000 CALL from 88 to 14

50800 call from 112 to 67

Super returns, VIX crashing now, both should become ZERO tomorrow

Note

120 Rs Profit per lot.

Note

closing 54000 @ 7

Trade closed: target reached

50800 Closed at 10

Puneet2020

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