ICICI Bank
CMP 332
Consider a Short strangle strategy in ICIC Bank
Consider selling ICICI Bank 30 April 2020 expiry
380 Call option
Lot size 1375
CMP 24
& also sell
280 Put Option
CMP 23
Max profit potential in the strategy: Rs 64,625 (if ICICI Bank in Cash market closes any where between 280 - 380 on 30 April 2020)
In built loss protection in strategy - Losses only if ICICI Bank falls & closes below 233 or goes up and closes above 427 on 30 April 2020
Take care & safe trading...!!!
CMP 332
Consider a Short strangle strategy in ICIC Bank
Consider selling ICICI Bank 30 April 2020 expiry
380 Call option
Lot size 1375
CMP 24
& also sell
280 Put Option
CMP 23
Max profit potential in the strategy: Rs 64,625 (if ICICI Bank in Cash market closes any where between 280 - 380 on 30 April 2020)
In built loss protection in strategy - Losses only if ICICI Bank falls & closes below 233 or goes up and closes above 427 on 30 April 2020
Take care & safe trading...!!!
Dagangan aktif
Update on strategyCurrent Price of options
380 Call option: 4.4 (sold at 24)
280 Put option: 14.6 (sold at 23)
Total profit in strategy so far
1375*(47-19) = Rs 38,500
Have a gr8 day ahead...!!!
Enjoy.!!!
Dagangan aktif
On 26th Mar when ICIC bank was at 332 we had suggested a short strangle strategy tradeCMP of
380 Call option is 7.8 (sold at 24)
280 Put option is 7.2 (sold at 23)
ICICI Bank is at the same level but our strategy is yielding a profit of Rs 44000/-
Hope u guys r enjoying...
Consider booking profits as per risk appetite
Happy trading...!!!
Dagangan ditutup: sasaran tercapai
Strategy updateICICI Bank (cmp 355)
280 put option 0.2
380 call option 1.8
Net profit 1375*(47-2)= Rs 61875/-
The strategy has yielded the desired results
Closing the trade
Happy trading...!!!
Enjoy :-)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.