horting strikes purely based on india vix volatility index - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 18100 CE and Short 17750 PE
🛑 we can observe that market may be stays in between with the range of 18100 - 17750
- if short both side / if we did short strangle if breakout at 18100 happens then we can exit from short CE position and hold short PE until achieve the target of 18100 - 18150 if breakdown at 17800 happens then we can exit from short PE position and hold the short CE until achieve the target of 17750
i hope that it will help a lot , if you like it do follow for more, have nice day
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