Thursday 11 October 2012

NIFTY SHORT STRANGLE STRATEGY

FRIDAY  being a shy day for the market , we are giving a short strangle strategy. This strategy is aiming to en cash option time value.
SELL  Nifty 5700 call @94
SELL Nifty  5800 put @96
TOTAL RETURN=(94+96)*50= 9500
LOWER BREAK EVEN POINT=5606
HIGHER BREAK EVEN POINT=5896
STOPLOSS WHEN CUMULATIVE PRICE GOES TO 230
OUTLOOK  FOR 7-9 DAYS