@anildnr How 5 to 10 points is good profit compared to the margins that are blocked? Or maybe I am missing something
If market is not too volatile, especially BN weekly options, we can make it easily Vipul. But as i said earlier huge risk is involved in the positions that I am posting . one unexpected move will take away everything.
Only go with BN weekly options. Make sure that your positions real value is almost zero especially on friday and monday. Suppose if spot is 26650 and if 26600ce is trading at 150 and 26700ce is trading at 120 go with 26700ce sell. Because in 26700 real value is zero and we are safe till 26700.
And one more thing is if we sell both ce and pe combined premium is more than 250. then place SLM at minimum 30 points max 50 points. Dont keep 5-10 points SLM.It will hit most of the time and once one position is SL hit sometimes you will not have time to close other position.
If we have atleast 30 points SL and if even one position is hit that means it is not minor swing and mostly it is a directional move and we can close other position in good profits most of the times.
If your SL is not hit for 1-2 hours based on the moment in BN, you can adjust the SL.