BankNIFTY ThetaCP System - Weekly Expiry Strategy (2 Lot)

BankNIFTY is likely to consolidate with results anticipation from HDFC Bank and the weak market sentiment.

Sell 26200 PE at 36.2
Sell 27400 CE at 37.9

Initial Credit = 74.1

We'll make full 2964 INR on 140000 INR deployed if our trade goes right and ends in 26200-27400.

Upper Breakeven = 26125.9
Lower Breakeven = 27474.1

Payoff Graph = unofficed.com/o...ons-calculator/?save_id=5b...

There will be nasty shifts of breakevens if BankNIFTY moves rapidly. Please keep an eye here or in the forum for fastest updates.

Trade closed: target reached:

Full Profit