Nifty 50指數
已更新

NIFTY - Long Straddle

398
In a long straddle:

1. Call option for 10650 bought
2. Put option for 10600 bought

Targeting high volatility this week with earnings and post Diwali selling. Was expecting a downward move but wanted to go risk neutral on the whole week.

The option expires in two weeks time, I may consider selling some OTM options to hedge theta as well.
註釋
Update : NIFTY is at 10523, roughly 10% profit on the straddle.
註釋
Took profit. Will revaluate after market opens tomorrow.

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