4 more trading sessions before expiry day...
LONG STRANGLE OF NIFTY
Nifty spot = 2770
Buy Put 2700 cmp=55
Buy Call 2800 cmp = 55
Total cost = 110
Breakeven = 2700-55 = 2645 on downside
and
2800+55 = 2855 on upside
Those who think that by 29-Jan, spot will go below 2645 / beyond 2855 may try this strategy.
LONG STRANGLE OF NIFTY
Nifty spot = 2770
Buy Put 2700 cmp=55
Buy Call 2800 cmp = 55
Total cost = 110
Breakeven = 2700-55 = 2645 on downside
and
2800+55 = 2855 on upside
Those who think that by 29-Jan, spot will go below 2645 / beyond 2855 may try this strategy.
Sunil...got a doubt...
is the break even @ 2700-110=2590 and 2800+110=2910..
correct me if i am wrong