Bank nifty has been really volatile lately and VIX has been crossing 15 more than once, the range of bank nifty even with such volatility is a clear 2500 points , and I am using the good VIX rise to trade both legs selling both calls and puts
Here for the 7th Feburary expiry, i have traded this strangle 47300 CE at 19 and 44200 PE at 18.
Expecting both to be zero
Please note this is a naked sell and i prefer not to carry over night. Trade accordingly
Here for the 7th Feburary expiry, i have traded this strangle 47300 CE at 19 and 44200 PE at 18.
Expecting both to be zero
Please note this is a naked sell and i prefer not to carry over night. Trade accordingly
Comment:
CORECTION : 47400 not 47300