Sirji Downside is fully protected by ratio backspread put So no need to worry about downside . and for up side raio of put will always be 1.5 to 2 times than call. So As far as possible put will take care of the calls even if there is good move in calls. Also we keep on covering lower puts and keep on writing puts ITM 100 points higher than the market in nifty and 200/200 points higher in bnf
I am going to Bangalroe . I will reply more later..Thanks
Sirji Downside is fully protected by ratio backspread put So no need to worry about downside . and for up side raio of put will always be 1.5 to 2 times than call. So As far as possible put will take care of the calls even if there is good move in calls. Also we keep on covering lower puts and keep on writing puts ITM 100 points higher than the market in nifty and 200/200 points higher in bnf
I am going to Bangalroe . I will reply more later..Thanks
Mundeji, your strategy is very interesting. But why only BNF and not NF . Somebody had already requested for a similar strategy on NF. Seems you have missed it. Please look into it in your free time.