As the nifty is approaching resistance, extreme stance should be avoided with partial profit booking.
Will be updating with Future/Option strategy on Nifty in coming posts...till then "Be Safe, Trade Safe"
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Dhiraj Singh Bais
Warrior @ Battle field
Option 1 - 30 Jul 20 Exp
Sell 10200+10150+10100 PE 215.2
Sell 11200+11250+11300 CE 168.55
Net credit 383.75
Max Profit 28788
Max Loss UNLIMITED
Break Even 10022-11378
Margin Required 3.80L approx.
Net Credit standing is @ 204(ie profit of +13481)46.82% of net credit