Sir, I just watched the video of Second Strategy for Budget time i.e. Pair Trading (NIFTY vs Reliance).
I have small confusion Sir.
We are talking about selling 18700 PE which is OTM. But I think it should be 18700 CE because PE is ITM at 18700 and the premium for PE is much higher than 175 Sir.
I have done the first Budget Strategy i.e. NIFTY Futures and Option which was discussed day before yesterday Sir. And this Strategy I though I will only track and learn from it Sir.
The image shared here is the First Budget Strategy, where both the options are in profit and Future is in loss.
I wanted to know if we can book the profit if both options and retain only the Futures and wait for it to increase till the purchase cost of 18300 and then exit. By doing this, I will be able to make a profit of over 10,000 Sir.
Request your kind view on the above and thanks in advance Sir.
PE ki jagah CE hoga …wo mistake ho gya tha