Deploy long straddles in Nifty for December series with strikes near 18,400-18,600: Anand James
Multileg option strategies have required deft handling and reduced profit expectations are given persistently low VIX. Debit spreads, especially, bull call spreads have been our go to strategy lately, but with an event risk coming up, we are encouraged to play the prospects of a reversal in VIX, by employing long straddles in Nifty with strikes near 18,400-18,600.