Please help me with this hedging strategy which show very limited loss with unlimited profit when I checked this strategy in sensibull and opstra.
Today’s Date 17/01/2019
Expiry Date 31/01/2019
Spot price 10912
Future price 10935
I want to sell NIFTY Future at 10935
and
I want to buy a deep ITM call option of 10500 at 444.4
This strategy shows me that I am getting max loss of 638 and max profit unlimited below 10500.
Is this strategy possible or is anything wrong with this strategy?