Monday, 27 February 2017

FOLLOW UP FOR STRIP OPTION STRATEGY FOR BUDGET 2017-18

We have given strip option strategy on 30 Jan 2017 for budget 2017-18
"Nifty 8600 put 2 lots we have booked on 1 Jan’ 2017 @ 189"
"Nifty 8700 call was left open by us & at the expiry it has settled at 239"

"BELOW IS THE PROFIT SUMMARY"

SCRIP

STRIKE PRICE

MONTH

OPTION TYPE

RECO

RATE

BOOKED AT

Profit / Loss
NIFTY
8600
FEB
PUT
LONG
114
189
5625
NIFTY
8600
FEB
PUT
LONG
114
189
5625
NIFTY
8700
FEB
CALL
LONG
114
239
9375

RISK: REWARD

25650: 46275