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.