NIFTY Shorting Strikes using 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 18500 CE and Short 18150 PE

🛑 we can observe that market may be stays in between with the range of 18500 - 18150 , When there's no Volatility.

- if short both side / if we did short strangle
if breakout happens at 18400 then we can exit from short CE position and hold short PE until achieve the target of 18500
if breakdown happens at 18150 then we can exit from short PE position and hold the short CE until achieve the target of 18100


i hope that it will help a lot ,
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have nice day..