https://optionhedgingstrategy.blogspot.com/2022/06/dixon-strangle-strategy-rocksss-10000.html
DIXON STRANGLE STRATEGY ROCKSSS 10,000 NET PROFIT BOOKED
STRATEGY GIVEN IN PREVIOUS 31 MAY 2022 POST TO CHECK VISIT https://optionhedgingstrategy.blogspot.com/2022/05/dixon-option-strategy.html
DIXON 4100 CALL CLOSED @ 50 BUY GIVEN @ 130 LOSS OF 10,000
DIXON 3700 PUT BOOKED PROFIT @ 280 BUY GIVEN @ 120 PROFIT OF 20,000
NET PROFIT OF 10,000
In Nifty's current series,
short covering was seen with the price up 2.10% and OI down 8% on Wednesday,
with 8.88 lakh shares of OI settled, falling from 112.81 lakh to 103 .93 lakh
shares declined. Nifty's month-to-date rollover is 14% on Wednesday, while the
Nifty Put Call Ratio, a sentiment indicator used by traders to gauge market
sentiment and sentiment, is currently at 0.82 compared to 1, 13 over the past
week, indicating a flat to negative move for the expiry. The strategy we are
proposing for the weekly EXPIRY scheduled on June 9th is a bearish strategy,
namely PUT LADDER, which involves buying one lot of Nifty 16,500 PUT @ 192 and
selling one lot each of 16,300 PUT @ 115 & . a lot of 16,100 PUT @ 66. The
maximum win of Rs 9,450/- is achieved at levels of 16,300 while the strategy
loses below 15,900. The cost of the strategy includes an outflow of Rs 550/-
which is the maximum loss if Nifty closes and stays above 16,490 on expiry
however any stronger move on the downside could result in losses as an
additional put was sold advisable exit strategy altogether to avoid UNLIMITED
losses below 15,900. The strategy's break-even points are 16,489 on the upside
and 15,889 on the downside.
Nifty OI Concentration
Nifty Option OI Change
