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    Bank Nifty Strategy Expert advise needed

    Hi, I come across this idea while watching the nse option chain today. If i buy 25000 PE AND 25500 PE OF WEEKLY EXPIRY i.e 16 th nov. For protection(Hedge) as 25600 CE AND 24900 PE. As shown in the Excel Below. As per my under standing the Profit at the end of the contract it is 48 points...