Butterfly #1 : +13 - 4 = 9
Butterfly #2 : +5 - 4 = 0
Butterfly #3 : +20 -4 = 16
Butterfly #4 Expiry 28th March
Buy 10900 CE 141
Sell 10700 248+192 = 448
Buy 10500 PE 130
Added a bullish wing: BUY 28Feb 11000CE 9.20 --> 12.00
Net credit 177
CMP: 319+99-182-59=177
Butterfly #5 Expiry 28th March
Buy 10800 CE 151
Sell 10600 254 + 200
BUY 10400 PE 137
Added a bullish wing: BUY 28Feb 11000CE 9.20 --> 12.00
Net = 166
cmp: 392+75-246-45=176
loss: 10
Butterfly #6 Expiry 28th March
Buy 11000 CE 106
Sell 10800 206+164
BUY 10600 PE 104
bullish wing: BUY 28Feb 11000CE 11 --> 12.00
Net = 160
CMP = 246+126-130-75=167
loss: 7
all trades are losing... but the added wing will save the day.
Butterfly #2 : +5 - 4 = 0
Butterfly #3 : +20 -4 = 16
Butterfly #4 Expiry 28th March
Buy 10900 CE 141
Sell 10700 248+192 = 448
Buy 10500 PE 130
Added a bullish wing: BUY 28Feb 11000CE 9.20 --> 12.00
Net credit 177
CMP: 319+99-182-59=177
Butterfly #5 Expiry 28th March
Buy 10800 CE 151
Sell 10600 254 + 200
BUY 10400 PE 137
Added a bullish wing: BUY 28Feb 11000CE 9.20 --> 12.00
Net = 166
cmp: 392+75-246-45=176
loss: 10
Butterfly #6 Expiry 28th March
Buy 11000 CE 106
Sell 10800 206+164
BUY 10600 PE 104
bullish wing: BUY 28Feb 11000CE 11 --> 12.00
Net = 160
CMP = 246+126-130-75=167
loss: 7
all trades are losing... but the added wing will save the day.