ARVIND LTD
Short
Updated

Arvind Theta decay idea

The stock is finding resistance at 420 ( look at the long wicks) and next support is placed at 390.

Once can short

420 CE = 6.85 X 2000 = 13700
390 PE = 1.90 x 2000 = 3800
Trade active
420 CE = 1.25
390 PE = 4.20

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