Amit_Ghosh

Axisbank Volume Profile Bet

Short
Amit_Ghosh Updated   
NSE:AXISBANK   AXIS BANK
Betting on volume profile and there is no fundamental reason this shit bank should go up. So betting that high of the level stays unbroken honoring the max pain theory of option writers.

Anyways stop loss is of 6 points only; it is a good r:R. On loss we will sell an ATM PE which have high IV due to the current flag.
Comment:
Sold Axis Futures at 622. Sold 600 PE at 9.85

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