The document discusses a weekly option spread trade on the Bank Nifty index from August 12-16, 2016. It analyzes the long-term, intermediate-term, and short-term technical trends, which indicate the Bank Nifty is in an uptrend and has historically traded within a range of 490-650. The strategy involves a short put ratio front spread to benefit from the index remaining above 600. The review notes the trader profited by entering the position on a pullback on August 12th and aims to replicate this approach in future trades.

1. Weekly Option Spread Trade
Short Put Ratio (Front spread) Bank
Nifty Index Spread
12th to 16th August 2016

2. Longer Term Technical Analysis

3. • Bank Nifty has high low range on weekly bars
and 5 bar ATR around 490-650 range
• We can use 600 range as a guide to implement
weekly expiry option spread trade

4. Intermediate Term Technical Analysis

5. • 1 quarter regression VS 1 quarter price
average indicates Bank Nifty to be trading in a
Uptrend

6. Option Spread Greek Management
(Trade Management)

7. Short Term Technical Analysis (Trade
Management)

8. Short Term Technical Analysis (Trade
Management)

9. Intuition
• No

10. Review
• After Extended Holiday I banked on the credit
I received
• It was a good trade
• On 12th When BNF pulled back I got into the
position, this is something which I should do
often using counter trend moves to establish
positions
• Over to next expiry next week