OPTION CALL PUT STRATEGY
Option calls premium have time value in it. Tomorrows trading session is followed by very Long weekend. To en cash this situation we recommend Short Strangle strategy in DLF as it is trading around its average Price.
DLF SHORT STRANGLE STRATEGY
LEG1: SELL DLF 200 PUT@5.70
LEG2: SELL DLF 220 CALL@4.70
CREDIT RECD =(5.70+4.70)*1000=10400
OUT LOOK 5-7 Days
Continue to Hold With SL of 3 Rs