[Vega] IDFC First Bank 52 Straddle

Mar 24, 2019

Sell IDFC First Bank 52 PE at .65
Sell IDFC First Bank 52 CE at 1.1


Rationale - unofficedforum.s3.dualstack.us-east-1.amazonaws.com/original/1X/46e48f48a0ca7b69bc86a0dd3ed74f1e97b1c181.png

Mar 24, 2019

Note

This falls under the physical settlement and is an extremely risky trade. Be cautious.

Mar 24, 2019

Note

In the case of upside BEP breaks which is highly unlikely, We may ladder up the PE. In the case of downside BEP breaks, Our futures short will trigger.