[Vega] IDFC First Bank 52 Straddle

24 Mar 2019

Sell IDFC First Bank 52 PE at .65
Sell IDFC First Bank 52 CE at 1.1


Rationale - unofficedforum.s3.dualstack.us-east-1.amazonaws.com/original/1X/46e48f48a0ca7b69bc86a0dd3ed74f1e97b1c181.png

24 Mar 2019

Not

This falls under the physical settlement and is an extremely risky trade. Be cautious.

24 Mar 2019

Not

In the case of upside BEP breaks which is highly unlikely, We may ladder up the PE. In the case of downside BEP breaks, Our futures short will trigger.