Bank Nifty Trading Strategy Today: How to trade Bank Nifty options on September 12? Rahul Ghose suggests this strategy
Live MintIndian stock market indices, Sensex and Nifty 50, are likely to open higher on Thursday led by positive global cues. According to Rahul Ghose, CEO of Hedged.in, Bank Nifty is not able to sustain above 51,400 levels, showing weakness in the index. With the view on the downside, Ghose recommends a low-risk Bank Nifty options strategy from hedged.in which makes money if the Bank Nifty falls below 50,826 by the end of next week expiry. Even if the Bank Nifty does move up or sideways, the max risk in the trade is ₹1,100 only, Ghose said. Here is Bank Nifty options trading strategy for today by Rahul Ghose: Modified Bank Nifty Butterfly Trade Structure: > Buy 1 lot of the 18th Sep expiry 50900 PE at CMP 294 > Buy 1 lot of the 18th Sep expiry 50500 PE at CMP 165 > Sell 2 lots of the 18th Sep expiry 50600 PE at CMP 193 Trade Rules: The capital required in the trade is ₹37,600.