🛑 Shorting strikes purely based on india vix volatility index and Standard deviation - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 17750 CE and Short 17200 PE
🛑 we can observe that market may be stays in between with the range of 17750-17200, only When there's no Volatility .
- if short both side / if we did short strangle â—½if breakout happens at 17650 then we can exit from short CE position and hold short PE until achieve the target of 17750 â—½if breakdown happens at 17250 then we can exit from short PE position and hold the short CE until achieve the target of 17150
â—½i hope that it will help a lot , do like and follow for more, have nice day..