Nifty Nov Short Strangle Strategy

2024年11月19日

Currently Nifty is following a descending channel. If the channel holds till November expiry, then one can benefit from entering a Short Strangle with 23000 PE and 23850 CE for November expiry.

2024年11月29日

手動結束交易

Post-Trade Analysis: On Nov expiry Nifty closed at 23914.15. The Short Strangle trade (23000 PE and 23850 CE) failed by 65 points as Nifty unexpectedly shot up approximately 1000 points due to the Maharashtra election outcome. The descending channel did not hold, leading to the position being invalidated before the November expiry.