Entered in to below positions for BN 10th May expiry.
Trade 1:
Buy 25500 CE 200 Qty@193
Sell 25600 CE 200 Qty@145
Sell 25900 CE 200 Qty @50
Net credit = around 400
Trade 2:
Buy 25500 PE 200 Qty @148
Sell 25400 PE 200 Qty @110
Sell 25000 PE 200 Qty @ 35
Net debit = around 600
This can give good returns in 25000 - 25900 range. Beyond this range, its unlimited loss.
Trade 1:
Buy 25500 CE 200 Qty@193
Sell 25600 CE 200 Qty@145
Sell 25900 CE 200 Qty @50
Net credit = around 400
Trade 2:
Buy 25500 PE 200 Qty @148
Sell 25400 PE 200 Qty @110
Sell 25000 PE 200 Qty @ 35
Net debit = around 600
This can give good returns in 25000 - 25900 range. Beyond this range, its unlimited loss.