Get below 17400 const profit of 3552, max profit of 7552 @nifty 17520 on closing date Top exit point or stop loss at 17660 strategy: sell 17500 series 1 pe@244,1 ce@ 73 gain:317 Rs buy 17400pe@186 nett gain: 131 Rs Target Date:17th feb Remember upper stop loss 17660
This is a combined straddle for expiry date Jan 27th. We monitor this straddle for eod every day and apply correction on monday by 3.00 PM if required. Total cost is around 1.3 lacs max profit at 12906 if nifty hits 17620 on Jan 27th cut off :17320 and 17920 Strategy : Sell 1 CE17600 @300 and 1 PE17600 jan 27@62