NIFTY IRON CONDOR STRATEGY FOR MARCH 2017

As the market is very lackluster so in this kind of market we suggest you iron condor strategy which is limited risk & limited return strategy. 

"BUY NIFTY 8900 CALL @ 177"

"SELL NIFTY 900 CALL @ 93"

"SELL NIFTY 9100 CALL @ 38"

"BUY NIFTY 9200 CALL @ 12"

PAY OFF TABLE :-

Strike price	Strike price	Strike price	Strike price	closing price	profit from I	profit from IV	loss from II	loss from III	gross return	payoff
8900	9000	9100	9200	8700	0	0	0	0	0	-4610
8900	9000	9100	9200	8720	0	0	0	0	0	-4610
8900	9000	9100	9200	8740	0	0	0	0	0	-4610
8900	9000	9100	9200	8760	0	0	0	0	0	-4610
8900	9000	9100	9200	8780	0	0	0	0	0	-4610
8900	9000	9100	9200	8800	0	0	0	0	0	-4610
8900	9000	9100	9200	8820	0	0	0	0	0	-4610
8900	9000	9100	9200	8840	0	0	0	0	0	-4610
8900	9000	9100	9200	8860	0	0	0	0	0	-4610
8900	9000	9100	9200	8880	0	0	0	0	0	-4610
8900	9000	9100	9200	8900	0	0	0	0	0	-4610
8900	9000	9100	9200	8920	1500	0	0	0	1500	-3110
8900	9000	9100	9200	8940	3000	0	0	0	3000	-1610
8900	9000	9100	9200	8960	4500	0	0	0	4500	-110
8900	9000	9100	9200	8980	6000	0	0	0	6000	1390
8900	9000	9100	9200	9000	7500	0	0	0	7500	2890
8900	9000	9100	9200	9020	9000	0	1500	0	7500	2890
8900	9000	9100	9200	9040	10500	0	3000	0	7500	2890
8900	9000	9100	9200	9060	12000	0	4500	0	7500	2890
8900	9000	9100	9200	9080	13500	0	6000	0	7500	2890
8900	9000	9100	9200	9100	15000	0	7500	0	7500	2890
8900	9000	9100	9200	9120	16500	0	9000	1500	6000	1390
8900	9000	9100	9200	9140	18000	0	10500	3000	4500	-110
8900	9000	9100	9200	9160	19500	0	12000	4500	3000	-1610
8900	9000	9100	9200	9180	21000	0	13500	6000	1500	-3110
8900	9000	9100	9200	9200	22500	0	15000	7500	0	-4610
8900	9000	9100	9200	9220	24000	1500	16500	9000	0	-4610
8900	9000	9100	9200	9240	25500	3000	18000	10500	0	-4610