Banknifty Weekly Strategy

Hi Friends,

This strategy is for banknifty weekly options. Hold it till expiry.

1. Buy 1 Lot future
2. Sell 2 Lot ATM Call

Using this strategy we will be in profit between 19700 - 20300

And banknifty got 600 points wide range to move.
Our max profit will be 368 points in one week.
Check all profits here: http://ift.tt/2lNznlj

I know this srategy can give unlimited loss if market open more than 300 point away. For this we can hedge our strategy by buying current/next month Call & put of our breakeven strike price.

Banknifty Weekly Strategy