after observing the option chain and charts thoroughly have created the weekly strategy
my first observation is there is trade in
18200 straddle which is costing 302.35 points as of today
and
18300 ce and 18200 pe strangle which is costing near 143 point
there is no option to post any image or i would have attached the screenshot of my strategy
however a range bound market is what i am expecting from the option chain for this weeks expiry
however
will post my daily index trades regular
current position
18 may 18250 pe sold at 61
27 july 18000 pe bought at 237
my first observation is there is trade in
18200 straddle which is costing 302.35 points as of today
and
18300 ce and 18200 pe strangle which is costing near 143 point
there is no option to post any image or i would have attached the screenshot of my strategy
however a range bound market is what i am expecting from the option chain for this weeks expiry
however
will post my daily index trades regular
current position
18 may 18250 pe sold at 61
27 july 18000 pe bought at 237
Trade closed: target reached:
closed both position with minor loss
Trade closed: target reached:
18200 straddle now at 257 at 3.02 pm was 302.35 at friday close
18300 18200 strangle now at 132.2 at 3.03 pm was 143 at friday close
18300 18200 strangle now at 132.2 at 3.03 pm was 143 at friday close