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Amit_Ghosh
Mar 24, 2019 12:22 AM

[Vega] IDFC First Bank 52 Straddle 

IDFC FIRST BANKNSE

Description

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

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.
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