STRIP OPTION STRATEGY FOR BUDGET 2017-18

As we all know the Union Budget 2017-18 will be presented by the Finance Minister Arun Jaitley on Wednesday and markets as well as the investors are hoping for some big announcements. For trading in such volatile market we are offering the strategy.  This strategy is riskier so we suggest risk averse traders should avoid.

"NIFTY STRIP STRATEGY"

"BUY 2 LOT NIFTY 8600 PUT @ 114"

&

"1 LOT NIFTY 8700 CALL @ 114"

PAY OFF TABLE :-

Strike Price	Call Option Price	Strike Price	Call Option Price	Closing price	return from put	gross return	payoff
8700	114	8700	114	8200	75000	75000	49350
8700	114	8700	114	8250	33750	33750	8100
8700	114	8700	114	8300	30000	30000	4350
8700	114	8700	114	8350	26250	26250	600
8700	114	8700	114	8400	22500	22500	-3150
8700	114	8700	114	8450	18750	18750	-6900
8700	114	8700	114	8500	15000	15000	-10650
8700	114	8700	114	8550	11250	11250	-14400
8700	114	8700	114	8600	7500	7500	-18150
8700	114	8700	114	8650	3750	3750	-21900
8700	114	8700	114	8700	0	0	-25650
8700	114	8700	114	8750	0	3750	-21900
8700	114	8700	114	8800	0	7500	-18150
8700	114	8700	114	8850	0	11250	-14400
8700	114	8700	114	8900	0	15000	-10650
8700	114	8700	114	8950	0	18750	-6900
8700	114	8700	114	9000	0	22500	-3150
8700	114	8700	114	9050	0	26250	600
8700	114	8700	114	9100	0	30000	4350
8700	114	8700	114	9150	0	33750	8100
8700	114	8700	114	9200	0	37500	11850
8700	114	8700	114	9250	0	41250	15600
8700	114	8700	114	9300	0	45000	19350
8700	114	8700	114	9350	0	48750	23100
8700	114	8700	114	9400	0	52500	26850
8700	114	8700	114	9450	0	56250	30600
8700	114	8700	114	9500	0	60000	34350
8700	114	8700	114	9550	0	63750	38100
8700	114	8700	114	9600	0	67500	41850
8700	114	8700	114	9650	0	71250	45600
8700	114	8700	114	9700	0	75000	49350
8700	114	8700	114	9750	0	78750	53100
8700	114	8700	114	9800	0	82500	56850
8700	114	8700	114	9850	0	86250	60600
8700	114	8700	114	9900	0	90000	64350