SAIL turtle bet, strangle idea
sell 80 CE at 0.7
sell 72 PE at 0.55
this position is profitable if it stays between 71 & 81
Hedge
buy SAIL futures above 81.5
sell SAIL futures below 69.5
sell 72 PE at 0.55
this position is profitable if it stays between 71 & 81
Hedge
buy SAIL futures above 81.5
sell SAIL futures below 69.5
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