Tuesday, February 18, 2020

#Nifty Options Strategy for Tuesday 18th Feb 2020 #ShortStrangle

Nifty has closed at 12045 on 17th Feb 2020

we will consider the below strike prices

11950 CE 20 Feb 2020
12050 PE 20 Feb 2020

The closing prices as on 17th Feb are as below
11950 CE 20 Feb 2020 - 143.65
12050 PE 20 Feb 2020 -  47.65

Total Premium - 191.30

Short the pair when the Total reaches 210 and wait till EOD

Stop Loss Exit 11925 or 12025

UPDATE PROFIT 20 POINTS @ 12:53 PM take profit and exit
11950 CE 20 Feb 2020 - 43.75
12050 PE 20 Feb 2020 -  128
Total - 171.75

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