Nifty Bank Index
Short
Updated

US election Strangle - 6th Nov

138
Tomorrow is US election, markets could swing big, herez a strangle for 6th Nov

Sell 49000 Put for 28 and sell 53000 Call for 12 x 2 Lots

Total Premium 28 + 24 = 52

Looking at VIX at 17 I see a huge IV crash

Disc: Naked Strangle
use SL
Note
PUT From 26 to 19.9, 6 Bucks
Call from 13 to 15 , 2 lots so 4 Bucks
Trade closed: target reached
100 % HITTTTTT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.