BankNifty Call Butterfly a good option for 25 July expiry
Bank Nifty may be attempting a breakout from a downward sloping trendline. A good low cost option to play this can be by executing a call butterfly for 25 July expiry:
Buy +1 Call 31000 Strike
Sell -2 Call 31500 Strike
Buy +1 Call 31600 Strike
Net cost 65-70 points (lot size 20)
Max profit potential on the upside 430-435 points.
Profit above 31600: 330-335 points
Max Loss 65-70 points
Reward to Risk: over 5:1
Breakeven Point for trade:31065/31070
Buy +1 Call 31000 Strike
Sell -2 Call 31500 Strike
Buy +1 Call 31600 Strike
Net cost 65-70 points (lot size 20)
Max profit potential on the upside 430-435 points.
Profit above 31600: 330-335 points
Max Loss 65-70 points
Reward to Risk: over 5:1
Breakeven Point for trade:31065/31070
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.