Monday, February 17, 2020

#Nifty Options Strategy for Monday 17th Feb 2020 #ShortStrangle


Nifty has closed at 12113 on 14th Feb 2020

we will consider the below strike prices

12050 CE 20 Feb 2020
12200 PE 20 Feb 2020

The closing prices as on 14th Feb are as below
12050 CE 20 Feb 2020 - 116
12200 PE 20 Feb 2020 -  111.60

Total Premium - 227.60

Short the pair when the Total reaches 242 and wait till EOD

Stop Loss Exit 12025 or 12225

Update at 12:55 PM 
12050 CE 20 Feb 2020 - 72.10
12200 PE 20 Feb 2020 -  153.95
Total - 226


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