Following is strategy for Lupin March :
BIG NO to buying /selling naked put/calls
Buy 820 March call @ 35
Buy 820 March put @ 29
What say folks it won't move 60 points in any direction in a month ?
one of the option writer is wrong , so let them fight.
Don't over leverage and buy 10 lots , Just buy 1 lot.if you have 2 lakh capital or ( 2 lots if you have minimum 3-4 lakh capital)
Consult your financial adviser before investing , Options are risky .
Risk of capital loss involved.
Don't expect million dollars in 1 trade.
Exit , Exit.