indiamarketoutlook

Mindtree

NSE:MINDTREE   None
Mindtree
CMP 853

Consider short strangle strategy

Consider selling 30-April-2020 expiry


900 Call option around 10

&

800 Put option around 15


Lot size 800

Max profit potential Rs 20000

Loss only if Mindtree closes above 925 or below 775

Take care & safe trading...!!!
Trade active:
Strategy update
800 Put 4.5

900 Call 11.5

Net so far 800*(25-16)= Rs 7200/-

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