This week Option Strategy for Bank Nifty.
As per my strategy the bank nifty will trade between 20000 to 23000.
Strategy:
Sell - 20000 PE - 85
Sell - 23000 CE - 87
Buy - 19000 PE - 25.45
Buy - 24000 CE - 21.60
Max Profit: Rs.2499 (Appr)
Max Loss: Rs.17501 ( Appr)
Margin Req: 35.39K
Capital Req: 36.33K
Probability of Profit: 83%
Disclaimer: Kindly do your own analysis before executing the trade. Price and Profit will differ upon market hour.