HDFC BANK STRANGLE OPTION TRADING STRATEGY

HDFC BANK STRANGLE OPTION TRADING STRATEGY
I DONOT CARE FOR THE RESULT IN WHICH DIRECTION IT WILL
GO.
I AM CONCERNED REGARDING MAKING MONEY AS I AM SCALPER
WHEN IT COMES TO TRADING RESULTS.
HERE WE ARE BUYING BOTH THE PUT AND THE CALL OPTION
BUY 2140 PUT OPTION @12
BUY 2260 CALL OPTION @11.8
BREAKEVEN=23.8
TARGET MIN-30/MAX:33
QTY:
PUT:1000
CALL:1000
MY VIEW:
THERE CAN BE HEAVY PROFIT BOOKING IN THE STOCK
IN CASE OF ANY MISS IN THE ESTIMATES I EXPECT 4%-5%
MOVEMENT.
NOTE:
EXPIRY NEXT WEEK
TRADE ONLY FOR MONDAY

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