Date : 20.3.2013
Lets see if this particular strangle works ..
sell 5800 CE @26.20, Sell 5700 PE @46.05 Total inflow 72
Expectations : Range bound between 5700-5800
Lets see if this particular strangle works ..
sell 5800 CE @26.20, Sell 5700 PE @46.05 Total inflow 72
Expectations : Range bound between 5700-5800
In post no 246, on 20th march, quoted above we had suggested the strangle of sell 5800CE @26.20 and 5700PE @ 46... total inflow - 72
How did we do today?
5800CE - 0 , 5700PE - 16.25 ..
Total profit - 72 - 16.25 : ~ 56 points for a weeks play..
We had also suggested yesterday of Nifty holding 5600 from options data and boy did it hold...
Hope you'll could co-relate the same and all the best for your future trades...
we'll only discuss on Option calls going forward with reasoning and see how we perform...