Derivative Straegies

STRATEGY 1:-

Buy 1 lot 5200 Call @ Rs.255  , Sell 1 lot 5300 Call @ Rs.181.05 , Sell 1 lot 5500 Call @ Rs.114.80,Sell 10 lots 5000 Put @ Rs.26.65 , Buy 1 lot 5100 Put @ Rs.40.25

For the traders who believe the Nifty will keep inching towards new highs but confining itself in range may initiate this strategy. This strategy will generate a fixed return of ~10% between 5300 and 5500. From 5100 to 5200 and at 5600 the return is ~7%. Below 5000 and above 5800 the strategy will incur losses.

STRATEGY 2:-

Sell 1 lot 5200 Call @ Rs.255  , Buy 1 lot 5300 Call @ Rs.181.05 , Sell 3 lots 5000 Put @ Rs.26.65 , Sell 1 lot 5100 Put @ Rs.40.25

Traders who think that market is likely to be bullish and is going to witness consistent upward movement in September month can trade this strategy. This strategy will provide losses below 4980 and a fixed return of ~6% from 5300.In the range of 4980-5300 the gains are higher with maximum gain of ~12% at 5100-5200 level.