July was very impulsive for Sun Tv now retracement or sideways move expected.
a trade idea of short iron condor. (be wise with your money, consult your financial adviser before taking any decision)
sell 525 pe @ 15.85
sell 570 ce @ 13.85
buy 500 pe @ 6.7
buy 575 ce @ 6
Max Profit 25k
max Loss 12k
margin req. (approx) 1.1L
a trade idea of short iron condor. (be wise with your money, consult your financial adviser before taking any decision)
sell 525 pe @ 15.85
sell 570 ce @ 13.85
buy 500 pe @ 6.7
buy 575 ce @ 6
Max Profit 25k
max Loss 12k
margin req. (approx) 1.1L
Comment:
Profit at the moment is 11850 (approx 10%) I am exiting the trade