🛑 Shorting 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 17700 PE
🛑 we can observe that market may be stays in between with the range of 18100-17700, only When there's no Volatility .
- if short both side / if we did short strangle â—½if breakout happens at 18100 then we can exit from short CE position and hold short PE until achieve the target of 18100 â—½if breakdown happens at 17700 then we can exit from short PE position and hold the short CE until achieve the target of 17700
â—½i hope that it will help a lot , do like and follow for more, have nice day..