NIFTY Shorting strikes based on Vix!
Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18300 CE and Short 18000 PE
🛑 we can observe that market may be stays in between with the range of 18300 - 18000
- if short both side / if we did short strangle
if breakout happens at 18220 then we can exit from short CE position and hold short PE until achieve the target of 18300
if breakdown happens at 18050 then we can exit from short PE position and hold the short CE until achieve the target of 18000
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18300 CE and Short 18000 PE
🛑 we can observe that market may be stays in between with the range of 18300 - 18000
- if short both side / if we did short strangle
if breakout happens at 18220 then we can exit from short CE position and hold short PE until achieve the target of 18300
if breakdown happens at 18050 then we can exit from short PE position and hold the short CE until achieve the target of 18000
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
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