Short Strangle on ITC
Did short strangle on ITC :-
Sold 1 lot of 310 CE at 1.3
Sold 1 lot of 280 PE at 1.05
Sold 1 lot of 315 CE at .7
Sold 1 lot of 275 PE ar .75
Total Points recevied = 3.8
Total profit = 3.8*2400 = 9120
Lower BEP = 280 - 3.8 = 276.2
Upper BEP = 315 + 3.8 = 318.8
We will get full profit if it expires between = 280-315
Sold 1 lot of 310 CE at 1.3
Sold 1 lot of 280 PE at 1.05
Sold 1 lot of 315 CE at .7
Sold 1 lot of 275 PE ar .75
Total Points recevied = 3.8
Total profit = 3.8*2400 = 9120
Lower BEP = 280 - 3.8 = 276.2
Upper BEP = 315 + 3.8 = 318.8
We will get full profit if it expires between = 280-315
Trade closed manually
Closed all the positions with loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.