OPTION CALL PUT
STRATEGY
NIFTY
has been trading around 5400 levels for quite some time. We expect it to
continue for some more time.
We
suggest SHORT STRANGLE STRATEGY for Monday
Nifty SHORT
STRANGLE STRATEGY
LEG1: SELL NIFTY APR 5100 PUT @ 64
LEG2: SELL NIFTY APR
5500 CALL @ 64
CREDIT RECD =(64+64)*50= 6400
OUTLOOK : 5-7 DAYS
CONTINUE TO HOLD WITH
SL OF 50 POINTS EITHER SIDE.
