Hi traders,
On Friday 26-12-2014, nifty closed at 8200.70 higher by 26.6 points. So my strategy would be to sell CE at 8100 strike price for Rs.241.25 for 29 Jan,2015, expiry.And buy CE @ 8550 strike price for Rs.33.60 for 29 Jan 2015 expiry.
If nifty falls or remains below 8100 by expiration, to keep profit with me. If nifty rises or remains above 8550, to unwind my positions.
Happy trading,
On Friday 26-12-2014, nifty closed at 8200.70 higher by 26.6 points. So my strategy would be to sell CE at 8100 strike price for Rs.241.25 for 29 Jan,2015, expiry.And buy CE @ 8550 strike price for Rs.33.60 for 29 Jan 2015 expiry.
If nifty falls or remains below 8100 by expiration, to keep profit with me. If nifty rises or remains above 8550, to unwind my positions.
Happy trading,