Siemens strategy -- will History repeat ?

Hello ,
No Naked futures or options trade.
Let's wait till 3.15 , Don't enter the trade right away ,
Today it must be red candle ,Price should close around 1287i.e towards days low (below 1287 would be ideal)

Simple strategy :
1)Buy 1300 JAN put , sell 1260 Jan put (stop loss will be close above today's candle if today is red candle)
2)Short JAN futures , sell 1300 Jan put (stop loss will be close above today's candle if today is red candle)

Lot size 500 , You need atleast capital of 1.5 lakh for 1 lot trade ,
Don't take naked trade and do over leverage like buying 6 put lots with 1.5 lakh capital (That will be disaster recipe)
If you don't have capital , this trade is not for you.

F&O is high risk trade , so consult your financial adviser.
Jan 09
Order cancelled: 1308 currently , This not good price for our strategy , we will wait another day for red candle to show .

Don't enter this trade.
Jan 09
Comment: There was a sell of in last few minutes and price settled at 1298, Lets track this tomorrow.
Jan 10
Order cancelled: Today also no red candle , Its a doji .
Closing this idea .
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