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Shortstrangle

Granules, Short Strangle SetupToday the price has broken the support zone and Fib retracement level of 38.20%. Also, there is a good convergence in ema bands. The price could show the volatility of 5 to 6% in this range of Fib retracement levels of 330 to 315. On the breakdown of this range we got a clear short trade of 5 to 6%. If anybody wants to trade this range then the short strangle strategy will work best. Hit the like button!! Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. This material is for educational purposes. Thanks S. Simranjit Singh Virdi
NSE:GRANULESShort
by ssvirdi
Nifty Levels 24 June Expiry Short StrangleRed Lines are potential levels for weekly expiry. Green Lines are potential levels for Monthly expiry. Both levels are calculated plotted on the day of expiry for the next expiry. Here green lines were calculated and plotted on 27-05-2021. And short strangle positions taken for 24-06-2021 Expiry at market close on 27-05-2021 NIFTY 24JUN2021 15900CE Sold at 74.8 NIFTY 24JUN2021 14800PE Sold at 102.55 The rightmost pair of red lines were calculated and plotted on 17-06-2021. Short strangle positions taken for 24-06-2021 Expiry at market close on 17-06-2021. NIFTY 24JUN2021 15950CE Sold at 26.55 NIFTY 24JUN2021 15450PE Sold at 49.25 Firefighting and adjustments to be done accordingly when any of the levels are breached
NSE:NIFTYShort
by AnandBhatBantwal
2
Nifty: Follow up on 1st week outlook viewNifty 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
NSE:NIFTY
by indiamarketoutlook
4
Yes Bank chart viewYES BANK CMP 194.20 - The stock is trading between 20 day EMA and 50 day EMA just before result announcement - in our previous post on Yes Bank when the stock was at similar levels we had suggested that below 190 the stock may fall up to 182 (low made was 181.50) and above 198 there is a strong possibility of stock rising up to 208 (high made thereafter 209.55) Given the movement of yo-yo trade between 180-210 and current setup of trading between 20 day EMA and 50 day EMA there is a good possibility of Yes Bank continuing its consolidation and closing in the same range of 180-210 in Jan series - One may consider the following strategy for YES BANK Short strangle strategy Sell Yes Bank Jan expiry 210 Call option around 4.5 & Sell Yes Bank Jan expiry 180 Put option around 4.5 Lot size 1750 Total incoming 1750 *(4.5+4.5) = Rs 15750/- Maximum profit if Yes Bank is closing anywhere between 180-210 Loss if stock is closing below 171 or above 219 on 31st January 2019 For more trading ideas from us, Do HIT the LIKE button and FOLLOW US You can also ping us in private message for any stock specific queries. Take care & safe trading...!!!
NSE:YESBANK
by indiamarketoutlook