Friday, February 14, 2020

#Nifty Options Strategy for Friday 14th Feb 2020 #ShortStrangle


Nifty has closed at 12175 on 13th Feb 2020

we will consider the below strike prices

12150 CE 20 Feb 2020
12350 PE 20 Feb 2020

The closing prices as on 13th Feb are as below
12150 CE 20 Feb 2020 - 77
12350 PE 20 Feb 2020 - 205

Total Premium - 282


so when ideally the total reaches at 300 you can short the pair and wait till EOD and see the result. 

UPDATE @ 3:20 PM 
12150 CE 20 Feb 2020 - 57.30
12350 PE 20 Feb 2020 - 231.75
Total - 289.05

Net Profit 11 points if you would have shorted at 300 points total

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