Hi Traders,
This is my Synthetic Straddle for Aug08:
Bought 2 Lot Aug4400Nifty Put at 85 &
1 Lot Nifty Aug Future at 4442.
Now I know that
Upper Break even Point = 4612 (Nifty Aug Future) &
Lower Break Even Point = 4188 (Nifty Aug Future)
Now there are only 4 days remaining for this Synthetic Straddle to expire and I have reached no Break Even Point and I am in loss.
Please suggest any way of adjusting the Synthetic Straddle so that I can come out of the losing postion.
Thanks & Regards,
AJ
This is my Synthetic Straddle for Aug08:
Bought 2 Lot Aug4400Nifty Put at 85 &
1 Lot Nifty Aug Future at 4442.
Now I know that
Upper Break even Point = 4612 (Nifty Aug Future) &
Lower Break Even Point = 4188 (Nifty Aug Future)
Now there are only 4 days remaining for this Synthetic Straddle to expire and I have reached no Break Even Point and I am in loss.
Please suggest any way of adjusting the Synthetic Straddle so that I can come out of the losing postion.
Thanks & Regards,
AJ