Second Strategy for September

Buy 4900 call if market above 4910, and sell 5100 call.

4900 call at 88 and 5100 at 18

Stop loss for 4900 call at 70

Update on 24th Sept
Market was above 4910 for a very short time.

So top loss triggered and exit at no loss no profit

Again buy 4900 call above 4900 and keep holding written 5100 call till expiry

Write 1 more lot 5000 call above 4900 when buying 4900 call and stop loss is 20 rupees below cost.

market did not go above 4900

First Strategy

Om Ganesha Namah

Nifty 5084

1. Write 2 lots 5200 call September series at 42 each.Net inflow 84 rupees in.
2. If market sustains above 5100, buy 1 lot 5100 September call at 92

Update of 19th Sept
If markets go below 4957, then move written 5200 calls to 5100 safely
If markets go above 5084 add 1 lot 5100 call

Net Position: 2 lots 5200 call written at 35

Update on 20th Sept
1 lot 5100 call bot 80, closed at 114, keep stop loss of 80 cost price and continue holding. Above 5200 buy 1 lot 5300 call
Net positions 2 lots 5200 calls written at 35
1 lot 5100 call bot at 80 now at 114

Update on 21st Sept
5200 call at 45, 5100 at 95
Our stop loss didnt trigger at 80.
Downside stop remains at 82.
Above 5200 buy 1 lot 5300 call.

Update on 22nd Sept
Exited 5100 call bought 80 at 45, so loss of 35 rupees.
We had written 2 lots 5200 at 35 each, so now oly profit of 35 left

Above 5100, buy 5100 sept call else do nothing

Update on 24th Sepetmber
Keep holdig position we end with 35 rupees net profit if expiry below 5200