Banknifty Weekly Strategy

[Purushotham]

Margin will be same around 75K but if you place direct normal orders then you will need more than 1.1L - 1.3L in your account. From which only 75K will be used as margin and other will be left free to trade.

Using this trick we can place trade only with 80K in our account.

Thanks,

If we change MIS TO NORMAL is there any loss.

 

[suryameet25]

Thanks,

If we change MIS TO NORMAL is there any loss.

No, This didn't buy/sell the order which gives us profit/loss..

We can do it as many times as we want and there are no charges involved.

It only tells zerodha that we want to carry forward our positions to next day and Zerodha Blocks more margin for that..

Nothing else..

 

[Purushotham]

No, This didn't buy/sell the order which gives us profit/loss..

We can do it as many times as we want and there are no charges involved.

It only tells zerodha that we want to carry forward our positions to next day and Zerodha Blocks more margin for that..

Nothing else..

Clear. Thanks.

 

[Shiv12345]

At the moment, premium of all bank nifty option 'calls' are just too high. I am not sure how much premium we can earn even if we open 600 points gap up. I mean just look at 21500 CE (16th March Expiry). It is at 36 approx.

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[PKHAN]

Hello Sir,

Where do we get this sheet or how do we calculate these if-then values ?

 

[suryameet25]

I didn't placed real trade this week due to election result. But I Paper traded the same using Optiontracker and I made around 80 points till now..

So, from this test I can surely say that this banknifty weekly strategy is the best one to generate regular weekly income from banknifty without any loss and worries in any market condition...

 

[suryameet25]

I placed another order for this week expiry and only 2 trading days to expiry.. Let's see current week results:

Long Future @ 21230
Short 16th MAR 21200 CE @ 78.5
Bought MAR 21000 PE @ 166.7

Margin Used Rs.82600

My Zerodha Position :

 

[suryameet25]

At the moment, premium of all bank nifty option 'calls' are just too high. I am not sure how much premium we can earn even if we open 600 points gap up. I mean just look at 21500 CE (16th March Expiry). It is at 36 approx.

Sent from my HTC Desire 728 dual sim using Tapatalk

This is a fully covered strategy and you can place your orders whenever you want. It doesn't matter either volatility is high or low..
Because we have 1 sold option and 1 bought position. So, price increase or decrease via volatility are fully protected..

 

[suryameet25]

Hello Sir,

Where do we get this sheet or how do we calculate these if-then values ?

Which IF-THEN values you are talking about?

 

[suryameet25]

I placed another order for this week expiry and only 2 trading days to expiry.. Let's see current week results:

Long Future @ 21230
Short 16th MAR 21200 CE @ 78.5
Bought MAR 21000 PE @ 166.7

Margin Used Rs.82600

My Zerodha Position :

Closed my entire position today @ 10:10 AM

Total P/L = +1060 (26 Points) in 1 day only

:clap::clap: