Strategy description

The strategy works on Bank Nifty and enters the trade on Thursday. This is a non directional strategy and will always have 1 leg each of Call and Put Options.

Margin Requirement - 175k without any hedges, 90k with otm hedges.

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Disclaimer - I am not the SEBI registered Financial Advisor and traders must understand the risk involved in Futures & Options Trading and shall do proper due diligence before committing any money on trading after due consultation with whom you feel is better placed to advise you.