Bank Nifty June StrangleI have taken this trade today the first day of the June Series
SELL 60000 CE @ 65.45
SELL 51000 PE @ 60
This is a delta Neutral Strategy with 1.5 ratio , 4 lots of Put to 6 Lots of call.
Total premium per set = 125.
Expecting 50% decay in about 10 days as there are no big events on the horizon, having said that this is a naked trade, so either hedge with 50% value strikes on either leg or keep enough margin to do the adjustments in the coming days
