Nifty Options Strategy Which Can Yield Upto Rs. 15,000

IIFL has recommended a Nifty Option Strategy for the December series

A. Buy 1 Lot Nifty 12,500PE @ Rs. 77 & Sell 2 Lots Nifty 12,300PE @ Rs. 53.
B. Buy 1 Lot Nifty 13,500CE @ Rs. 108 & Sell 2 Lot Nifty 13,700CE @ Rs. 59.

- Total Premium Received: Rs. 39 (Credit)

- Stop Loss: Debit Rs 100

- Target Price: Rs 200

Note::The above is a short vega spread, hence a price movement within the strikes sold in the
underlying index would yield positive payoff. The strategy will stand to gain if Nifty expires
between 12,061 or below 13,939.

Expiry date: December 31, 2020.

Previous Recommendations:

IIFL's clients have regularly benefited from Idea2Act strategies, which has a strike rate of 95%!!
19 out of the past 18 recommendations have been positive.

Click here to download pdf from IIFL's website