BankNifty has been trending for couple of days
Deployed the strategy because I have a neutral view
Shorted (25500PE: 453.90) and (29000CE: 617.25)
Hedged with current week long straddle 27500 for overnight risk (27500CE: 390.00) and (27500PE: 320.00)
Will close Hedge positions every next day as soon as market opens and sell naked CE/PE according to Price action
Lets see where it takes us
Deployed the strategy because I have a neutral view
Shorted (25500PE: 453.90) and (29000CE: 617.25)
Hedged with current week long straddle 27500 for overnight risk (27500CE: 390.00) and (27500PE: 320.00)
Will close Hedge positions every next day as soon as market opens and sell naked CE/PE according to Price action
Lets see where it takes us
Note
Booked 2% and exited
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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.