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Puneet2020
Mar 18, 2024 9:29 AM

bank nifty strangle 

BANKNIFTY INDEX FUTURES (MAR 2024)NSE

Description

Shorted 45500 put and 47300 call for a combined premium of 110 Rs for 20th expiry.

Please note this is a naked sell with 78 % possibility of profit the same can be checked on Opstra, however a gap opening can change the dynamics, so take positions with hedge or keep sufficient margins to make adjustments

47300 sold at 72
45500 sold at 29
Comments
Puneet2020
From 110 to 5 paise fully decayed. Profit per lot 1650.
Puneet2020
From combined premium of 110, now just 38 rs, decay of 72 rs done, rocking
Puneet2020
47300 from 72 to 62 and 45500 from 29 to 34 , 5 bucks in already
Puneet2020
90 % of the time i square off and do not carry m trade
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