SUNTV - Short idea

Suntv is trading near 52W high and is taking support at 900.

Keep strict SL as this is high beta stock and enter only on a red candle.

Go short at or below 925 with SL at 940 for T1 - 900. Keep trailing stop loss it once it reaches 918.

Alternatively go short on 980CE at 11.8 and 880PE at 8.4 together for 20200 INR in 10 days.
Dec 18
Trade closed: target reached: Reached trgt and not tradable at such speed.

Options on
Dec 29
Trade closed: stop reached: Spot expired at 999.60 so on options no profit no loss as we had 20 points credit on CE and PE.
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