Sell Jubilant -1.15% Food 1300 PE at 29
Sell Jubilant -1.15% Food 1400 CE at 4.5
This position is profitable ifJubilant Food Stays between 1271 and 1404.5.
Hedge =
Buy Jubilantfood futures above 1320
Sell Jubilantfood futures below 1247
Do not forget to update TSL 0.00% to cost