banknifty option capital & profit calculation
How much one can eran daily or monthly in Banknifty option daytrading
20000 for buying call-put
1.2 lac for writing banknifty options
Selling every week-
100pt*4weeks=400pt
100 pt premium decay till Friday/monday
200pt* 3 big breakout=600pt
6 cyclical reversal =300pt
Total
400+600+300=1300pt
Profit in rupees-
1300*lot size 20=26000
Annually
26000*12=3lac+
What is must?
Strict SL from open to close in option writing.
Hedging with butterfly or spread for overnight position.
Exit in minor loss and keep buy at recent high or sell at recent low.
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