Nifty options strategy: What should traders do ahead of weekly expiry?

If Nifty closes above 19,679 on expiry, the strategy will start making a profit and as the risk is limited so will be the profit of up to Rs 6,050 only, he explained. “The maximum gains will be restricted because the gains of a long 19,600 strike call will be offset by the sold 19,800 strike call if Nifty closes above 19,800 on expiry,” Palviya said.

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