Adjustments in Weekly Nifty and BankNifty Options Strategies

Hello guys. I hope you are doing good.

I did some adjustments in my weekly strategies to minimise risk and lock the profit.

Here are the original strategies that I have shared in my weekly newsletter:

Weekly analysis with best options strategies for July 13, 2023

In the weekly analysis post, we discuss the range for the coming week and the options strategies we can follow for the July 13 weekly expiry in Nifty and Bank Nifty.

TradePikSachin Sival

Please go through the above post to check the strategies I have shared in my weekly newsletter.

While doing adjustments, I follow 2 things:

1. In our weekly strategies, We were having the probability of more than 60% that I don't want to lose while doing adjustments.
2. While doing adjustments, I don't want to give up too much of my overall profit.

So I just reduce the risk while keeping range and probability almost same.

All these trade management and adjustments I'm teaching in my Mentorship Program.

A new batch is starting from July 17, 2023 with live class and live market sessions. So if you want to learn how one can generate consistent income while keeping risk on limited side through option strategies, can book your seat.

We also have an attracting offer valid for limited time. So book your seat now.

Adjustments in Nifty Weekly Options Strategy:

The original strategy was:

Maximum profit (28 lots) = ?40000 and Max Risk = ?98000

After adjustments:

Maximum profit (28 lots) = ?32000 and Max Risk = ?37000

Its almost 1:1 now where probability is 80% now. Sounds good?

Now let's look at the BankNifty strategy:

Adjustments in BankNifty weekly Options Strategy:

Original strategy was:

Maximum profit (40 lots) = ?74,000 and Max Risk = ?2,20,000

After adjustments:

Maximum profit (40 lots) = ?60,000 and Max Risk = ?40,000

Its almost 1:0.66 now where probability is 70% now.

Below are the adjustments that I did in Nifty and Banknifty.

To know the adjustments, please signup for free membership.

Adjustments in Nifty Weekly Strategy:

1. Square off 19750 CE & 19150 PE
2. New: Buy 19700 CE & 19200 PE

I just reduce the different in spread by bring buy legs little closed to sold legs.

Adjustments in Nifty Weekly Strategy:

1. Square off 45800 CE, 46100 CE & 44300 PE
2. New: Short 45500 CE & BUY 45600 CE
3. BUY 44500 PE

In BankNifty, I booked the profit in Call Spread and initiated a new spread near the max pain. Along with it, reduce the difference between the spreads too.

In case if you have any query or question. feel free to type in comment box.

Have a profitable trading!