Nifty strangle 3 July[/b Sell 25300 PE and 25600 CE at 20 each
Combined premium 40 Rs per set. SL 40 each side, target Zero.
Looking at todays consolidation, taking this expiry trade to get max decay at opening bell. Will book or / and adjust at opening looking at the price.
Disclaimer : Naked option writing can have unlimited loss, profit however is limited. Hedge using buy for respective lower / higher strikes or next weeks options of same strike or any other strategy