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
Comment
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
Comment
54000 CALL from 88 to 14

50800 call from 112 to 67

Super returns, VIX crashing now, both should become ZERO tomorrow
Comment
120 Rs Profit per lot.
Comment
closing 54000 @ 7
Trade closed: target reached
50800 Closed at 10
Chart PatternsTrend Analysis

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