BANK NIFTY 5 DAYS +1350PTS & OPTION POSITION CURRENT STANDING

14 Jul 2020

I published my view of going short alongwith option strategy. Here is the standing of the trade plan.

Future position(as per spot)

Trade Plan on 08 Jul 20 was to look for short below 22726 for T1-2-3-4 as mentioned below

Sell – 22726
Target 1 – 22259 (Hit- 13/07-1030hrs)
Target 2 – 22004 (Hit- 13/07-1145hrs)
Target 3 – 21748 (Hit- 14/07-0930hrs)
Target 4 – 21385 (Hit- 14/07-1145hrs)

Options Trade plan

Sell 23500*2 CE 619.40
Buy 23000 CE 857.7
Net credit 381.1 CURRENT STANDING 56 (for the said position profit of +8122. ROI in 5 days +7.06%)
Max Profit 22028
Max Loss UNLIMITED
Break Even 24381
Margin Required 1.15L approx.
POP 73%
ROI 21%

Be Proactive Trader

Better Insight, Better Trade Execution

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field

14 Jul 2020

Catatan

Follow up trade

14 Jul 2020

Catatan