Today was a volatile day in “Bank Nifty Call Options Trading”. For the last few days, we had been trading with the 21500CE of 11 June 2020 (current week expiry) and it gave use very good gains. We have traded this Call Option from 125 to 400 level.
Our “Bank Nifty Options Trading Strategy” has two components: (1) Decide the short term trend using hourly charts, and (2) Decide the Call or Put option we must trade with while this trend is playing out. This helps rapid decisions in the market because we are trading the same Call or Put for a period of 2-3 days.