STRATEGY GIVEN IS LAST POST BOOK PROFIT
Friday, 4 August 2017
Tuesday, 1 August 2017
STRANGLE IN SBIN WITH BEARISH BIAS
SBIN is in news today for reducing credit policy.Moreover tomorrow is bi monthly RBI credit policy which bring SBIN more in focus.On technical grounds there is increase in open interest and significant surge in vix in this counter. One can take Strangle option strategy in options with slight bearish bias.
PAYOFF CHART
CLICK READ MORE TO CHECK PAYOFF TABLE
Leg 1: Buy 1 Lot SBIN 340 call @ 2.4-2.5
Leg 2: Buy 1 Lot SBIN 295 put @ 4.6-4.8
PAYOFF CHART
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