Nifty: Follow up on 1st week outlook view
Updated
Nifty
CMP 14102
We had given a view on 1st Jan. This is in continuation of that view...
Nifty 13800 Put short Update
Suggested sell between 60-80
CMP 16
The position is active and is in profit.
Looking at the Options trade Data for January 01, 2021,
- Retail participants are looking more optimistic and
- FIIs and Proprietary traders are going preservative
(message in private to know more)
One may Consider adding a sell Call position
Strike Price : 14200 Call Option
CMP 46
The strategy is best suited for a range bound movement.
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
CMP 14102
We had given a view on 1st Jan. This is in continuation of that view...
Nifty 13800 Put short Update
Suggested sell between 60-80
CMP 16
The position is active and is in profit.
Looking at the Options trade Data for January 01, 2021,
- Retail participants are looking more optimistic and
- FIIs and Proprietary traders are going preservative
(message in private to know more)
One may Consider adding a sell Call position
Strike Price : 14200 Call Option
CMP 46
The strategy is best suited for a range bound movement.
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 closed: target reached
Nifty 07 Jan expiry Short strangle trade updateNifty 13800 Put option CMP 3.15
Nifty 14200 Call option CMP 32
The strategy is is profit of Rs 5613/- per strategy lot
Happy trading...!!! 😊
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