Sell both 32000 call and put.
Considering current volatile market lest say premium on Monday morning is 350 on both sides.
Sold with 700 points combine premium.
If bank nifty will trade in narrow range say +\- 100 hold it.
If moving 200 points
1. Make a Pvt Ltd Company.
— Aditya Todmal (@AdityaTodmal) March 1, 2022
Form a company with family members and trade under it. The family members should be directors of the company. Will explain why later.
Why form a company?
You will only need to pay 25% flat tax. Individuals have to pay 30% tax above 10 lakh profits.
it will consolidate between 32000-32200 or 32100 to 32300 and u will get theta decay.
— Mitesh Patel (@Mitesh_Engr) May 15, 2021
This is for normal move. Sudden big move may come anytime. So keep SL in system.
If u r selling at 350-350 then keep SL in system 475 for both legs.
Practice it. No need to attend webinar.