Expiry Calendar strategy on the Nifty

[Michael Gonsalves]

The Calendar options strategy is ideal for the expiry. Yesterday evening, I implemented one on the Nifty where I sold the 17100CE of 2nd September and bought the 17100CE of 30th September.

As of now (10.04 am), the strategy is yielding a profit of Rs. 20600 which translates to a 2.21% return on the margin.