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Puneet2020
Feb 5, 2024 8:20 AM

Bank Nifty strangle 7th feburary 

BANKNIFTY INDEX FUTURESNSE

Description

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

Comment

CORECTION : 47400 not 47300
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