Banknifty SureShot Intraday Strategy without any analysis

[fnoQ]

or can you please open your private message option , please PM me about this trade how to do and what to study to learn this when you have time , thanks .

 

[suryameet25]

Hi surya thanks for sharing idea , while bnf at 20313 shorted 20200 ce ITM call ok , 20300 pe is ATM , shall do like this ? have to take 20400pe for ITM put ? as you told in opening , assume put a line at 20313 in bnf after 10.14 touched low 20307 , exited ? and take short or how to do that in future can you please tell me surya ?

Option strike price are according to Spot Banknifty price. Do not choose strike price according to future price.

When I sold these options banknifty was between 20200 & 20300, So I sold both the ATM strike.

And I draw a line over banknifty future chart. And When price was over that line I bought the future.

And right now, In Rs. 1000+ profit.

 

[suryameet25]

or can you please open your private message option , please PM me about this trade how to do and what to study to learn this when you have time , thanks .

Done.. Enabled private messaging..

 

[fnoQ]

sorry , my browser doesnt refreshing automatically , just now refreshed and see your messages , thank you , will pm you surya , thank you .

 

[yroyal]

today @ 10:13 AM

Sold 20200 CE @ 198
Sold 20300 PE @ 163

Future Long @ 20313

future Stoploss @ 20310 with 2 lots. 1 Will be open if price is below my line.

Let's see today's results

Try doing this on weekly options instead of monthly. The rapid daily time decay in weekly options should help your short straddle

 

[suryameet25]

Try doing this on weekly options instead of monthly. The rapid daily time decay in weekly options should help your short straddle

Yes, As, I told in starting, do it in current week options.
And above trade is also for 16th Feb expiry

 

[travi]

Try doing this on weekly options instead of monthly. The rapid daily time decay in weekly options should help your short straddle

Those are current week options

 

[suryameet25]

today @ 10:13 AM

Sold 20200 CE @ 198
Sold 20300 PE @ 163

Future Long @ 20313

future Stoploss @ 20310 with 2 lots. 1 Will be open if price is below my line.

Let's see today's results

Closed my all positions @ 14:54
Proof of closing: http://prntscr.com/e6vus0

Bought Back Options:
20200 CE @ 158.55. Profit = 198 - 158.55 = 39.45
20300 PE @ 174.55. Profit = 163 - 174.55 = -11.55
Future Profit / loss = 20310 - 20264 = +46

Future cross my line 3 times
So average 10 point loss in each cross

Profit/loss from line cross : 3*10 = -30

Total Profit/Loss of the day:
39-11+46-30 = 44 Points

= 44*40 = 1760Rs.

:clap::clap::clap:

I made continuous profit for this week. Not a single day with loss..

 

[suryameet25]

Today, Profit is less because line was crossed multiple times in future.

 

[yroyal]

Yes, As, I told in starting, do it in current week options.
And above trade is also for 16th Feb expiry

Oops! missed out tht in your posts

And great you made profit today !