Banknifty Weekly Strategy

Good think,

But option selling 20800 at 426 is how to 0 or only instructive value at week end. It have some time value.

Example this week end Banknifty spot close-21300.

20800 ce minimum=670,(-244*2=-488 point)
Future= +437 Points
Buy call and put= -40 Points

Totally loose around 90 Points.

The IV calculated for 20800 calls is 7. This is very very low. It increase, loose more points.

Please find out my point, I hope you will improve the strategy. I will follow your strategy after improve.

Thank you
What about the current week call? It was in profit, u forgot to take it into account.
 
Hi Friends,

This strategy is for banknifty weekly options. Hold it till expiry.

1. Buy 1 Lot future
2. Sell 2 Lot ATM Call

Using this strategy we will be in profit between 19700 - 20300

And banknifty got 600 points wide range to move.
Our max profit will be 368 points in one week.
Check all profits here: http://prntscr.com/e9c9ux

I know this srategy can give unlimited loss if market open more than 300 point away. For this we can hedge our strategy by buying current/next month Call & put of our breakeven strike price.
----------------------------------------------------------------------------------------
Hello Suryameet25 ,

I request you to Please Explain this strategy steps with Examples.

like on
1. which Date\Day you started Trade?
2. when did you sell
3. what is breakeven
4. on which Date\Day you again Bought.


Thanks ,
 

Similar threads