Jamitbhai,
nowadays in trending market, short weekly based MaX_OI ce or pe and for cover buy above/below
strike.
suppose NF near 11420, 3OCT MAX_OI stands@ 11500ce
View Bearish,
short 11500ce + buy 11550ce
We have 3 to 4 days , iF it touch 11550 then have to exit or books whatever loss ? OR...