Nifty Weekly Analysis The close we had on 4th Jan was 21669.6, the close today is 21669.4. Nifty moved -0.2pts this expiry. Unbelievably flat! Would have been a dream come true for traders who took home short iron fly & short straddle last week. 16mts chart link Nifty Analysis - Stance Neutral ➡️ Recap from yesterday “The last candle which is strongly GREEN...
Reliance: the heavyweight counter is trading in a tight range with support can be seen at 2250 areas while hurdles at 280-2410 zones the counter need to surpass this range for any effective trade however good for option strategies like IRON FLY, IRON CONDOR, STRADDLE SHORT with a hedge, and calender strategy as well
here we will create an IRON CONDOR IT is an options strategy consisting of two puts (one long and one short) and two calls (one long and one short), and four strike prices, all with the same expiration date. The iron condor earns the maximum profit when the underlying asset closes between the middle strike prices at expiration. ideally nifty will stay above...
NIFTY | Weekly expiry discussion | Short straddle / Iron Fly Quick fall and sharp recovery immediately, expecting some consolidation in this zone like it happened previously. Can create a dynamic range bound statergy for tomorrow's expiry - limited risk. If market moves violantly we can do adjustment trade by going market direction and come out with no loss or...
NIFTY | RSI mild negative divergence | Doesn't looks bullish not a great time to short too. Expecting some range bound this week. Lets try Short straddle with hedge it becomes Iron Fly - 17/12/2020 Expiry - Credit Statergy - Defined and good risk reward CMP : 13513 Sell 13500 PE @ 101 Sell 13500 CE @ 108 Buy 13300 PE @ 37 Buy 13700 CE @ 36 Premium collecting...