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agasthya_d
Nov 18, 2021 1:11 PM

BANKNIFTY Shorting Strikes ! Short

Nifty Bank IndexNSE

Description

â‹…
🛑 Shorting strikes purely based on india vix volatility index and Standard Deviation

- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 38500 CE and Short 37500 PE

🛑 we can observe that market may be stays in between within the mentioned strikes

- if we short both side / if we did short strangle then
â—½if breakout at 38400 happens then we can exit from short CE position and hold short PE Position until achieve the target of 38500
â—½if breakdown at 37500 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 37500






â—½i hope that it will help a lot ,
do like it and follow for more
have a nice day,....
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