Weekly Options Strategy: As Nifty50 looks to consolidate, go for Bear Put spread
Strategy Positions: Buy Nifty August 17700 Put at 115 & sell August 17500 Put at 58, Total premium out-flow: 57; Target: 143; Stop loss: 12.5 (1 Lot Each). Rationale The Nifty closed marginally green last week despite profit taking seen on Friday amid continued FIIs inflows. Call writers remained under pressure throughout the week as … Read more