Weekly options strategy: Nifty may turn rangebound, opt for Short Straddle
Strategy Positions: Short Nifty 14 July 2022 16200 Call at 140 & short 14 July 2022 16200 Put at 123 (Total premium = 263); Target: 10; Stop loss: 460 (1 Lot Each) Rationale The Nifty recovered another 3% last week with broader market participation ahead of the quarterly earnings season. As expected, Nifty did not … Read more