🛑 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 38000 CE and Short 36500 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 37800 happens then we can exit from short CE position and hold short PE Position until achieve the target of 38000 â—½if breakdown at 36650 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 36500
â—½i hope that it will help a lot , do like it and follow for more have a nice day,....