MY NEW IRON CONDOR TRADE FOR NOV 2017 SERIES
CAPITAL 2041141
RISK AMOUNT 10% 204114
INVESTIBLE AMOUNT 1837027
IRON CONDOR PAIR FOR NOV 17 SEREIS
MAX OPEN
CALL 10500
PUT 10000
MAX RANGE FORNIFTY SINCE LAST 5 MONTHS 572
AS NIFTY DID NOT BREACH 9700 UPTREND IS MAINTAINED
10000 + 572 = 10572
IRON CONDOR PAIR FOR OCT 17 SEREIS 10600 - 10000
HEDGE 100 POINTS AWAY
HENCE HEDGE IS 10700 - 9900
CALL 10600 38.00
PUT 10000 45.70
83.70 --A
HEDGE 100 POINTS AWAY
CALL 10700 18.50
PUT 9900 32.80
51.30 --B
INCOME
A-B) 32.40
MAX LOSS (100-INCOME) 67.60
TRADEABLE POSITIONS-LOTS(RISK AMT/MAX LOSS) 40 3000.00
PER LOT Rs 50000/- MARGIN AMOUNT REQUIRED.
ON TRADEABLE AMOUNT I CAN SELL TOTAL 36 LOTS
MEANS 18 LOT CALLS AND 18 LOTS PUT
TRADE ON 26/10/17
NOV10600CALL 1350 38.00 51300.00
NOV10700CALL 1350 18.50 -24975.00
NOV10000PUT 1350 45.70 61695.00
NOV9900PUT 1350 32.80 -44280.00
MAX PROFIT 43740.00