Trading strategy for nifty for jan 2015 series F&O

#1
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,
 

gmt900

Well-Known Member
#2
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,
Didn't understand this part. Do you mean even if nifty moves slightly above 8200 you will unwind?
Or wait till nifty crosses 8550?
I think it would be better to keep targets for profit or loss.
 

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