Naked Call Short + Bear Put Spread

Jan 28, 2020

Short Naked Call

Short 12150CE @ 49.75

Short 12200CE @ 30.85

Short 12250CE @ 17.87

Short 12300CE @ 9.65


Bear Put Spread

Short 12200PE @ 108.7

Long 12000PE @ 26.675

Net Premium = 189.975
SL = 10

Max Loss = 10 * 75 * 6 = 4500

Max Profit = 14248.125

Max Pain of Nifty still stands at 12200 Strike

High Call Writing Can be spotted on 12150,12200,12300




Happy Trading...

Jan 29, 2020

Trade closed manually

Profit in 12150 CE = 28.1
Profit in 12200 CE = 18.85
Profit in 12250 CE = 11.9
Profit in 12300 CE = 6.65
Profit in 12000 PE = 1.75

Total Profit = 67.25

SL hit in 12200 PE
Total Loss = 10

Net Profit = (67.25-10) * 75 = 57.25 * 75 = 4294