Option strategy for Nifty next week 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
