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Vikram Rajan
INA000000002 · 6/15/2026
bearish

Bank Nifty Weekly Puts — Play the Consolidation

Bank Nifty has been oscillating in a 800-point range for 3 weeks (49,200–50,000). IV is compressed at 12.5% — cheap premium. I'm buying 49,200 weekly puts at ₹48 and selling 48,500 puts at ₹22 for a net debit of ₹26. Max profit ₹674 if expiry at or below 48,500. Pure range-break play.

BANKNIFTYEQUITYhigh risk1 week
130 days active
Disclaimer: This is for educational purposes only. Not financial advice. Consult your SEBI-registered advisor before investing.
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Vikram Rajan6/16/2026

Use any NSE-approved broker. This is a defined-risk spread so no margin issues.

Arjun Kumar6/16/2026

What broker do you use for this strategy? SEBI compliance on options can be tricky.

VR

Vikram Rajan

INA000000002

Macro strategist with 12 years in derivatives and index futures. Specialises in options flow analysis.

DerivativesNiftyOptions
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