The short strangle strategy that was recommended in the above post worked to perfection with the stock going sideways for the whole month in the range suggested.
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Take care & trade accordingly...!!!
交易進行
Yes Bank cmp 192.65
One may consider the following strategy
Sell Yes Bank Jan expiry 210 Call Option CMP 7 Lot size 1750
Max profit potential Rs 12250 per lot.
The strategy covers risk for a rise in price up to 217 till Jan expiry
Take care & safe trading...!!!
交易結束:目標達成
What happened here... in a matter of minutes Yes Bank after breaking 190 touches 181.50 (achieving its 1st target) and recovers.
Price of 210 call option update fell from 7 to 3.9. Currently trading around 5