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[Vipul_84]

Entered into below BN positions for 21st June expiry.

BN spot @ 26550

Position 1:

Buy BN 26500 PE 200 Qty @ 170
Sell BN 26400 PE 200 Qty @ 132
Sell BN 26000 PE 200 Qty @ 36

Net Debit = 400

Position 2:

Sell BN 26500 CE 80 Qty @ 225
Sell BN 26600 PE 80 Qty @ 205

Net Credit = 34,400

Planning to hold both the positions until expiry.

View attachment 26042

What is the strategy called as used for position 1?

 

[amrutham]

What is the strategy called as used for position 1?

I think it is called PUT FRONT SPREAD.

 

[amrutham]

Below is the expiry day trade taken.

BN spot @ 26640

Buy BN 26700 PE 600 Qty @ 93
Sell BN 26600 PE 1200 Qty 44
Buy BN 26500 PE 600 Qty @ 16

Net Debit = 93 + 16 -88 = 21*600 = around 13K

 

[anildnr]

Below is the expiry day trade taken.

BN spot @ 26640

Buy BN 26700 PE 600 Qty @ 93
Sell BN 26600 PE 1200 Qty 44
Buy BN 26500 PE 600 Qty @ 16

Net Debit = 93 + 16 -88 = 21*600 = around 13K

In this trade ur view is bn will not fall below 26600?

 

[amrutham]

In this trade ur view is bn will not fall below 26600?

I am expecting it to be in the range of 26500 - 26700 for today.

 

[gmt900]

In this trade ur view is bn will not fall below 26600?

Max pain is @ 26600.

 

[anildnr]

Max pain is @ 26600.

Hi gmt..u mean to say open interest is more at 26600ce?

 

[VJAY]

Hi gmt..u mean to say open interest is more at 26600ce?

No might be buyers there...mostly buyers of this strike options are go to loose

 

[anildnr]

No might be buyers there...mostly buyers of this strike options are go to loose

Yeah thats what so this is the resistance level for bn

 

[anildnr]

Because if finvasia process i am not able to trade yesterday n today..horrible payout process..regretting for taking account