BankNIFTY ThetaCP System - Weekly Expiry Strategy (2 Lot)

Nifty Bank IndexNSE

Description

⋅ Jul 20, 2018 9:44 AM

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/options-calculator/?save_id=5b51aebb3e100742680506

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

⋅ Jul 27, 2018 7:53 AM

Full Profit

Trend Analysis Chart Patterns