Bullish Vertical Strategy For BANK NIFTY initiated on 5th March 2009 has earned more than 140% profit in March Series till today : ( Lot size of BANK NIFTY = 50 ) Bullish Vertical Strategy for BANK NIFTY Cmp 3420 initiated on 5th MArch is as below
- Buy BANK NIFTY Call Option of strike Price 3500 @ 159 &
- Sell BANK Nifty Call Option of Strike Price 4000 @ 25 ( BANK NIFTY Strong support @ 3382 )
For Covered strategy BANK NIFTY = Maximum Loss is Rs 134 per lot & Maximum Profit is Rs 366 per lot. Total investment in the strategy = 134 * 50 = Rs 6700.
Profit Calculation for the above Option Strategy : ( BANK NIFTY Cmp 3940 )
- Profit in BANK NIFTY Call Option of strike Price 3500 = 645.45 - 159 = 486.45 Rs per lot
- Loss in BANK Nifty Call Option of Strike Price 4000 = 25 -86 = 61 Rs per lot.
- Net Profit = 486.45-61 = 407.45 Rs per lot. = 407.45 * 50 = Rs 20372.50
- Profit percentage = 304%
( Note : The investors were adviced to book profit in the above strategy. To view earlier post click here )