Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
Trade active
⋅
The price of 15300 Put option has come down from 140 odd levels to 115 now
Happy trading...!!!
Comment
⋅
Nifty CMP 15581
One may also consider selling Nifty 24 June 16000 Call option
CMP 70.
This would provide further safety for a fall in Nifty price up to 15090. On the upside, the strategy would be profitable till 16210.
Max profit if Nifty closing is anywhere between 15300 - 16000 on 24 June
Loss below 15090 or if Nifty closes above 16210 on expiry day
Take care & safe trading...!!!
Trade active
⋅
Nifty swinging 200 points up and down... yet
Strategy was profitable by (20 points * 75 ) when Nifty was down around 15488 yesterday and is profitable now when Nifty is 15688.
Strategy update 15300 Put CMP 78 (Sold at 140)
16000 Call CMP 77 (Sold at 70)
Net 75 * (210-155) = Rs 4125/- per lot
Enjoy & Happy trading...!!!😊
Comment
⋅
2:10pm
RBI Policy Meeting event gone by
Strategy update 15300 Put CMP 79
16000 Call CMP 68
Net 75 * (210-147) = Rs 4725/-
Happy trading...!!!
Comment
⋅
Strategy update
15300 Put CMP 55 (Sold at 140)
16000 Call Option CMP 47 ( Sold at 70)
Net 75 * (210- 102) = Rs 8100 / - per lot
Despite the up & down swings we have seen in Nifty, Profits have been on a rise.
Consider booking profits as per risk appetite
Enjoy & Happy trading...!!!
Trade closed: target reached
⋅
Strategy update
Both the options are about to expire worthless
15300 Put option 1.7 (Sold at 140) 16000 Call option 2.8 (Sold at 70)
Net profit 75*(210-4.5) = Rs 15412/- per strategy lot
Why would there be a loss if nifty closes below 15090? 16000 Call should become zero by then. One makes 70 point. Pls do help me with my understanding here . Thanks
indiamarketoutlook
⋅
@samratkakkar, Your understanding with what happens to Call short if Nifty trades at or below 15090 is absolutely correct.
However, if you refer the chart I also have suggested a 15300 Put short at 140 earlier in the day.