Good think,
But option selling 20800 at 426 is how to 0 or only instructive value at week end. It have some time value.
Example this week end Banknifty spot close-21300.
20800 ce minimum=670,(-244*2=-488 point)
Future= +437 Points
Buy call and put= -40 Points
Totally loose around 90 Points.
The IV calculated for 20800 calls is 7. This is very very low. It increase, loose more points.
Please find out my point, I hope you will improve the strategy. I will follow your strategy after improve.
Thank you
But option selling 20800 at 426 is how to 0 or only instructive value at week end. It have some time value.
Example this week end Banknifty spot close-21300.
20800 ce minimum=670,(-244*2=-488 point)
Future= +437 Points
Buy call and put= -40 Points
Totally loose around 90 Points.
The IV calculated for 20800 calls is 7. This is very very low. It increase, loose more points.
Please find out my point, I hope you will improve the strategy. I will follow your strategy after improve.
Thank you