Short strangle in Nifty for December 2021 series.
Updated
#Nifty #December21
Series
Sold 1 Lot of 17000 CE at 440
Sold 1 lot of 10000 PE at 115
Total Points collected = 555
Upper Side BEP = 17555
Lower Side BEP = 9445
We will get full profit if it will expire B/w 10000 & 17000
As of now i am hedging my profile with this trade.I will close my trade when i will get 70-80% profit.
Series
Sold 1 Lot of 17000 CE at 440
Sold 1 lot of 10000 PE at 115
Total Points collected = 555
Upper Side BEP = 17555
Lower Side BEP = 9445
We will get full profit if it will expire B/w 10000 & 17000
As of now i am hedging my profile with this trade.I will close my trade when i will get 70-80% profit.
Note
Need to correct that i had sold 1 lot of 10000 PE at 126 not in 115.Note
Still i am holding this trade...will update here if i will do any change in this trade.Note
squared Off Dec 17000 CE, Made a profit of around 15K.Note
December 10000 PE still Holding.Will update here if there is any change in this trade
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