Markets are showing further down move but it won't be a rally rather it will be a range-bound movement
5 Min charts show a possible breakdown which may go up to 12100 level
I believe Markets will expire today at 12100 Strike
So most probably 12100 will be our ATM Strike
Straddle At 12100 Strike
CE Premium = 98
PE Premium = 18.32
Strangle
At 12200 CE
Premium = 37.25
At 12000 PE
Premium = 6.05
Net Premium = 159.62
Net Delta = - 0.85
Stop Loss for each trade would be 850
Max Loss = 850 * 4 = 3400
Max Profit = 159.62 * 75 = 11971
Happy Trading....
5 Min charts show a possible breakdown which may go up to 12100 level
I believe Markets will expire today at 12100 Strike
So most probably 12100 will be our ATM Strike
Straddle At 12100 Strike
CE Premium = 98
PE Premium = 18.32
Strangle
At 12200 CE
Premium = 37.25
At 12000 PE
Premium = 6.05
Net Premium = 159.62
Net Delta = - 0.85
Stop Loss for each trade would be 850
Max Loss = 850 * 4 = 3400
Max Profit = 159.62 * 75 = 11971
Happy Trading....
Nota
Unwinding 12100 PE as its decreasing our profits at premium of 4.62Dagangan ditutup secara manual
Closing all trade 2:32 PM 12100 CE Change in Premium = -65.1
12200 CE Change in Premium = -30.1
12000 PE Change in Premium = 0.65
Net Change = -94.55
Net Profit = 94.55 * 75 = 7091.25
This profit is almost 60% of the Premium which is good
Nota
Forgot to deduct the loss of (4.62 * 75) 346 from our Profit of 7091Net Profit Corrected = 7091 - 346 = 6745
Net Profit = 6745
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.