Short Strangle Spread on BankNIFTY 7th June 2018

2018年6月2日

View: Range bound Movement with aggressive movement due to RBI policy ahead

Contract: 7th June 2018

• Sell 1 lot of 27500 CE at 41.5
  
• Sell 1 lot of 25700 PE at 23.5
  

Initial Credit: 65 (Spread to be executed in the range of 60-70)

Breakeven: 25635 - 27565

Points To Note:

• Interest Rate Decision on Wednesday.
  
• International Movement on Italian Bond Market crash.
  
• Foreign investment impact on HDFC Bank due to recent rulings of SEBI.
  

Effective Margin: 1,34,204 INR

Profit Percentage: 1.93 %

2018年6月4日

註釋

So far it is good. Concern will be there if it breaks 25800 on closing basis which is highly unlikely.

2018年6月6日

註釋

Tomorrow intraday convert former to MIS and short 25800 PE along with 26900 CE and exit them at 1 for intraday gain.

2018年6月8日

註釋

25800 PE was opened below 0.5. So we did 2 lots of 26900 CE on intraday. It ended in good gains.