[Vega] IDFC First Bank 52 Straddle

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


Rationale - unofficedforum.s3.du...3ed74f1e97b1c181.png

Comment:

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

Comment:

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.