Weekly Options Strategy: A Nifty50 recovery likely, opt for Bullish Back Spread
Strategy Positions: Short Nifty 21 July 2022 15900 Put at 60 & buy 14 July 2022 15600 Put at 15, Total premium inflow= 45; Target: 1; Stop loss: 65 (1 Lot Each) Rationale The Nifty lost almost 1 % last week as Technology heavyweights came under pressure after their below than expected quarterly results. Meanwhile … Read more