Bullish on RIL stock? You can initiate a long calendar spread
Mumbai: Traders bullish Reliance Industries could initiate a long calendar spread on its options. The strategy involves selling a 2100 front-month Call and the simultaneous purchase of a 2200 Call expiring August 27 for a target of Rs 2,300 next month. The idea is to take advantage of theta or time decay in the July … Read more