Hi All, Our July/Aug strategy has given very good profits.
Following is direction neutral Nifty strategy , OFFICE people just take it and forget , no need to monitor every now and than.
Buy 10400 Sep call @ 197 ,1 lot Buy 10300 Sep put @ 158 ,1 lot
Sell 10900 Aug put @ 34 , 1 lot Sell 11700 Aug call @ 24 ,1 lot
Just take all the above combinations , depending on capital you have in ratio 1:1:1:1
This is direction neutral , so let it run any way
P.S : option are risky consult your financial adviser before taking trade
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See folks how our trade is working nicely , No need to monitor every now and than ,just let it run .
currently : Aug 10900 put @ 7 Aug 11700 call @ 14
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another 100 + point up move and our sep position will start giving us money , so lets see if Nifty goes to 11600 next week (ITC, Reliance these 2 guys can add 50-70 points to nifty And TCS, Kotak , HDFC bank can give the icing)
Trade closed: target reached
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Folks Book all Profits , Book Profits .
Currently Aug 10900 put @ 1.25 i.e profit of 32 Rs Aug 11700 call @ 25 i.e loss of 1 point
11400 sep call @ 357 i.e profit of 150 point 11300 sep put @ 42 i.e loss of 116 point
So net overall profit i.e 32-1+ 160-116= 75 points per lot i.e 5625 per lot
Square off everything , Posting new strategy for September /October