Nifty July strategy no 2 - office people

Jun 29, 2018

Hi All,
Please note my previous posted June strategy didn't worked , We had loss of 40-50 point

Going to post Multiple strategies :

Bullish strategy
Following is strategy number 2:

Buy JULY 10800 call 1 lot 78 ---- Net debit is 78
Sell JULY 11000 call 2 lot @ 24 ----Net credit is 48 since selling

Sell JULY 10000 put 2 lot@ 14 ---- Net credit is 28 since selling
Buy JULY 9800 put 1 lot @ 7.5 -------(This cheap insurance in case of disaster , Never skip this) --- Net debit 7.5

Overall net debit 78-48-28+7.5 = 9.5 Rs

please note the ratio , dont disturb ratio
for call is 1 buy : 2 sell
for put is 2 sell : 1 buy

So if Nifty July closes below 10800 we stand to loose 9.5 rs i.e approx 725 rs

You can put in above strategy as per above given ratio according to your capital , Please note the risk

Target profit and stop loss zone marked on chart.

Cheers.

Jun 29, 2018

Note

Risk of capital loss involved , Consult your financial adviser

Jul 10, 2018

Trade closed: target reached

Folks target achieved :

10800 call @ 193 (profit :115 pt ) , 11000 call @ 70 (loss : 92 pt) --net profit 23 pt
10000 put @ 5.5(profit : 17 pt ) , 9800 put 4 (loss : 3.5) -- net profit 13.5 pt

Total net profit in strategy : 36.5 pt in 10 days .