Nifty June strategy (Office People - 5-7% )return

NSE:NIFTY   Nifty 50 Index
Hi All ,
Nifty June future current price 10686 (Create the below strategy when this goes to 10695-10705)

Buy 10700 call 1 lot @ 128
Buy 10700 put 1 lot @ 140

sell 11000 call 1 lot @ 28
sell 10400 put 1 lot @ 55

Minimum capital required for above 4 trade combination 1 lot is 1 lakh , if you have 5 lakhs you can create 5 lots trade.
Generally I restrict people in taking number of lots , this one I wont.

Risk Calculations :
Our buy cost is premium 268 , our sell cost premium gain is 83 ,
Net risk is 185 points (debit) i.e If Nifty expiry happens at 10600 on june 28

Break-even points : If nifty goes up or down 200 points we are break-even on our trade
i.e if nifty goes to 10900 , or 10500 we will start making profit

Maximum reward is 103 points if Nifty goes to 10350 or it goes to 11030 , 100 points is 7500 profit per lot for 1 lakh investment.

So Tigers tomorrow if market opens and if you find NIFTY JUNE futures around 10695/705 level , take this .
Hassel free , Let it go in any direction no need to monitor every 5 min .

Please note :
Consult your financial adviser before investing , options are risk , Risk of capital loss involved
Comment: Tigers observe closely our june futures is still at 10689 , so we will stalk our prey till
the moment it goes in our zone of 10695/10705 , Once it goes there , It's time to kill. Sit still.....
Trade active: Game on , Tigers - go for kill
Comment: Sit tight on this position don't touch any thing ,
we are nicely eating theta on 10400 put and 11000 call ,
So let it be as it is .

We will look at it next Friday , in between if it reaches the target zone , i will update it
Comment: Lets wait till wednesday ,Thursday To take a call on this position .
Currently we are around 15 points in Red i.e loss
Comment: Tomorrow EOD we will close our puts , Today Bullish harami Pattern , lets see if it has follow up
Comment: Folks Get out of full position , Nifty will trap our 10700 put/call pair .
Book losses , Sometime market traps and this is trade which we are trapped.

Book losses and get out , Dont allow losses to grow big.
Trade closed: stop reached: Booking out losses of 50 point and moving to next trade