NIFTY 50 Shorting strikes based on Vix

🛑 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
◽if breakout happens at 18100 then we can exit from short CE position and hold short PE until achieve the target of 18100
◽if breakdown happens at 17700 then we can exit from short PE position and hold the short CE until achieve the target of 17700




◽i hope that it will help a lot ,
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have nice day..