So Shorted 470CE, 460CE, 450CE,
Premium is 6,11.35,19.35
Net Premium received 36.7
This is a positional Trade and we will wait until the stock goes close to 440 Strike as Max pain point is 440
Profit in 470 CE = 5.175
Profit in 460 CE = 9
Profit in 450 CE = 13.05
Lot SIze = 1300
Net Profit = 27.225 * 1300 = 35392
Our Profit is nearly 74% of Premium received which is good
Now LICHSGFIN is near its Trendline so a little bit confusion would be there in the stock and we may see a Spinning Top formation on Tuesday, you can benefit in that indecisive phase by applying Short Strangle.
I will post a new idea for that wait
We missed an opportunity to have a profit of Rs 51000 where I would have Shorted Naked Call Option of Strike above 440
But still, as I post this comment our position is in profit of Rs 13000
I hope you didn't miss this one as I did.