here we will create an IRON CONDOR IT is an options strategy consisting of two puts (one long and one short) and two calls (one long and one short), and four strike prices, all with the same expiration date. The iron condor earns the maximum profit when the underlying asset closes between the middle strike prices at expiration.
ideally nifty will stay above 17250-200 and below 17850-17900 thus a condor strategy can be applied for next week with Short selling 17250 PE & 17850 CE and making a 200-point away strike as a hedge for any uncalled event!! this will give credit and the yield would be pasted in the comment one can check sharesvalley & my username for getting in touch for more
OPTIONS ARE GREAT TOOL FOR hedging
Comment
⋅
this on month expiry can give 8 % yeild
Comment
⋅
read whole month and not next week alone ie the expiry will be in between the range