Hi Friends,
My new experiment for 30th march Expiry in my real trading account.
Banknifty Spot @ 21091
Buy Banknifty MAR Future
Sell 30th MAR 21200 CE @ 108
Buy 30th MAR 21200 PE @ 155
So, at 30 MAR expiry my profit will be around +62 points. Id doesn't matter where the banknifty is trading
One thing to note here is I calculated this profit based on Spot banknifty pricing. Because BankNifty Future is not going to be equal to Spot BankNifty in one week. It may be equal in current week because of monthly expiry. So, we can long APR future for this week.
Total Margin Used : 60K
What do you say?
My new experiment for 30th march Expiry in my real trading account.
Banknifty Spot @ 21091
Buy Banknifty MAR Future
Sell 30th MAR 21200 CE @ 108
Buy 30th MAR 21200 PE @ 155
So, at 30 MAR expiry my profit will be around +62 points. Id doesn't matter where the banknifty is trading
One thing to note here is I calculated this profit based on Spot banknifty pricing. Because BankNifty Future is not going to be equal to Spot BankNifty in one week. It may be equal in current week because of monthly expiry. So, we can long APR future for this week.
Total Margin Used : 60K
What do you say?