VEDL turtle bet - Strangle idea
sell 240 CE at 1.35
sell 220 PE at 1.8
this position is profitable if it stays between 216 & 243
Hedge
buy VEDL futures above 244
sell VEDL futures below 211
sell 220 PE at 1.8
this position is profitable if it stays between 216 & 243
Hedge
buy VEDL futures above 244
sell VEDL futures below 211
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