Hi,
As on 12th Nov 2008, Nifty spot is 2850
Nifty Nov 3400 CE is trading @ Rs.11.70
Nifty NOv 2300 PE is trading @ Rs.31.05
Total Premium = Rs.42.75
Is it wise to create a short strangle by selling both these options?
@ expiry,
if nifty spot closes either at 2301 or 3399 will I still get Rs.42.75 as Profit?
Pls suggest your comments.
Thanks & regards,
VIJAY
As on 12th Nov 2008, Nifty spot is 2850
Nifty Nov 3400 CE is trading @ Rs.11.70
Nifty NOv 2300 PE is trading @ Rs.31.05
Total Premium = Rs.42.75
Is it wise to create a short strangle by selling both these options?
@ expiry,
if nifty spot closes either at 2301 or 3399 will I still get Rs.42.75 as Profit?
Pls suggest your comments.
Thanks & regards,
VIJAY