Hello Friends,- Today Nifty Opened a gap up of 130 points Later it continues to fell as selling pressure is high.
- I entered at 9.36 am building a 550 points strangle
- 16900CE and 16350PE with Hedge legs at 100points Each 17000CE and 16250PE
- as Nifty Breaks 16678 level and sustained so I have adjust the call option so i Squared off 16900CE and entered 16800 CE
- Vix is high so easily got a profit around 12.20PM I Squared off all The positions
- I got a decent profit around ₹4927.5 for a Capital of ₹469812
- I got a profit of 1% still OK
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