Thread on "Intraday Banknifty Strangle based on OI data" (System already shared, today just share few examples) (1/n)
-Trade timing after 9:45 -Check Banknifty change in OI data at 9:45, and identify the highest OI built up in call side and put side -We will sell both strikes with combined premium as SL on both legs. (2/n)
28th June 2021 BN open-35440 At 9:45 trading at 35350 Highest OI in call side at 35500 CE and 35000 at put side Strike selection 35500 CE- 35000 PE (3/n)
29th June 2021 BN open-35323 At 9:45 trading at 35112 Highest OI in call side at 35300 CE and 35000 at put side Strike selection 35300 CE (232) - 35000 PE (150) Combined premium 382 , Both legs SL 382 (4/n)
30th June 2021 BN open-35030 At 9:45 trading at 35002 Highest OI in call side at 35000 CE and 35000 at put side Strike selection 35000 CE(176)- 35000 PE(213) Combined premium 389 , Both legs SL 389 (5/n)
01st July 2021 BN open-34832 At 9:45 trading at 34831 Highest OI in call side at 35000 CE and 34500 PE Strike selection 35000 CE (42)- 34500 PE (23), Combined premium 66 , Both legs SL 66 (6/n)
02nd July 2021 BN open-34790 At 9:45 trading at 34740 Highest OI in call side at 35000 CE and 34500 PE Strike selection 35000 CE (196)- 34500 PE (225) Combined premium 421 , Both legs SL 421 (n/n)





