As the week is truncated, use Delta neutral with Vega and Theta diminishing strategy

Money Control | Oct 20, 2019 at 9:18 AM
  • Bank Nifty has extended the gains in last few trading sessions but still trading in range.
  • We would like to go with unconventional four leg strategy with the combination of short strangle cum straddle.
  • Looking at the option data and technical structure, traders can go with short strangle by shorting 28,400 PE and 30,000 CE.