Risk to Reward is not great.... Since we also lose money in stock market.. never take a trade if RR is less that 1;2 .... look for or wait for those trades.. my policy...
@Parasuram, you can modify put credit to debit spread. buy ce 207.5 @4.8 sell ce 212.5 @2.95 Max. Profit ₹ +11,340 (43.62%). Max. Loss ₹ -6,660 (-25.62%)