Nifty April Monthly straddle

13 thg 3, 2023

Nifty on broad time frame is still in a big range consolidation. I am keeping an eye on 17200 Monthly straddle which is currently trading at 725rs for April monthly series, which gives a protection range of 16480 to 17900.

20 thg 3, 2023

Ghi chú

17200 straddle now at 636 ...down by around 90 points ...
giving around 4% return in a week

23 thg 3, 2023

Ghi chú

Down to 540 now ....decay of 140 points so far :) keep trailing now

29 thg 3, 2023

Ghi chú

Nifty hasn't really moved in literally in last two weeks inspite of all the global negativity around,

The trade idea was posted 2 weeks back and is giving almost 10% return so far

31 thg 3, 2023

Đóng lệnh: đạt mục tiêu

One can close this with around 10% gain in 2 weeks, will look for another opportunity around mid April