For Pasupathy Ramakrishnan sir
Let us assume:
BNF 24500 Mar CE Rs.12/-
BNF 22500 MAR PE Rs.11/-
Invest equally or (take Gopal Vadivukkarasi\Lalit sir's proposal, market may go up)
65% of investment (Rs.2600) for 24500 CE
35% of investment (Rs.1400) for 22500 PE
Once bought, place sell order of 4 times on both CALL & PUT. Whichever executes, cancel other pending order.
Since one side itself your investment doubled, otherside you can wait for jackpot.
1.Since the index have choosen is very far, we may loose this amount on expiry if there is no volatility
2.Since coming week, the expiry is on Wednesday, PLEASE ONLY PAPER TRADE
For Raju Sir,
Great to know we can do unlimited trading for Rs.1000/-. I can migrate to that. Please suggest.
I am taking risk from my profit from the previous week. Hence, I am ready to loose. If people wants to try from hard earned money, I would suggest to paper trading for few weeks.
For Rakesh sir,
Happy to see you are responding to my thread. I am great fan of you.
Before arriving a strategy, we used to paper trade for 2 months (since the tradin pattern varies on first week (long time value), second not much movement, third week - closure to monthly expiry, expiry week).
Last week, we paper traded. One side it went to Rs.93 on Tuesday, and other side it went to Rs.26/-. But our target is between 50%-100%, we could walk out any time.
END OF THE DAY: It is your money, please take care.
We are very successful on 5% return every day between 10:45 AM - 11:45 AM on NIFTY, we did not mind to take risk of this Rs.10 BNF options strategy.