TradingView
DhirajSinghBais
Jul 8, 2020 1:14 AM

NIFTY TRADE PLAN(OPTION STRATEGY): 08 JUL 20 onwards 

Nifty 50 IndexNSE

Description

NIFTY TRADE PLAN(OPTION STRATEGY): 08 JUL 20

Trade Plan:

Option 1 - 30 Jul 20 Exp
Sell 10200+10150+10100 PE 215.2
Sell 11200+11250+11300 CE 168.55
Net credit 383.75
Max Profit 28788
Max Loss UNLIMITED
Break Even 10022-11378
Margin Required 3.80L approx.
POP 73%
ROI 7.58%

Option 2 - 30 Jul 20 Exp
Sell 10200+10150+10100 PE 215.2
11200+11250+11300 CE 168.55
Buy 10000PE*3+11400CE*3 251.55
Net credit 132.2
Max Profit 9922
Max Loss 23828
Break Even 10109-11291
Margin Required 19K approx.
POP 66%
ROI 6.88%

Be Proactive Trader

Better Insight, Better Trade Execution

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field

Comment

08 Jul 20 Nifty Option strategy Status

Option 1 - 30 Jul 20 Exp
Sell 10200+10150+10100 PE 215.2
Sell 11200+11250+11300 CE 168.55
Net credit 383.75
Max Profit 28788
Max Loss UNLIMITED
Break Even 10022-11378
Margin Required 3.80L approx.
POP 73%
ROI 7.58%

Net Credit standing is @ 204(ie profit of +13481)46.82% of net credit
Comments
UnknownUnicorn5412484
please tell the criterion for selection of strike prices of CE and PE. Are you considering the brice band as support and resistance? if yes, how you have decided ?
DhirajSinghBais
@sandeepkumarmeena, little bit of TA to decide the market movement & a knowledge of Options. Basically, this strategy is designed for, what market is not likely to do in that time period. Target 50% of premium received...

OPTION 1 standing as of 10 Jul 20 EOD :- +99 pts

OPTION 2 standing as of 10 Jul 20 EOD :- +33 pts
UnknownUnicorn5412484
@DhirajSinghBais, Means now this position is not good to enter?
DhirajSinghBais
@sandeepkumarmeena, no not now, already the impact of +theta can be seen 2morrow
sridharsatti
Foolish strategies
DhirajSinghBais
@sridharsatti, thnx for the appreciation.....Kindly update the TV community with YOUR "BRILLIANT STRATEGIES"
Vaishali420
@DhirajSinghBais, this type of guys are everywhere bro , awesome work , and thanx for sharing your analysis , great work
DhirajSinghBais
@sridharsatti, backup with chart or strategy
Prpatel
First strategy Loss Unlimited?
DhirajSinghBais
@Prpatel, yes..
More