The short strangle is a two-legged option spread meant to capitalize on a period of stagnant price action for the underlying stock. The strategy involves the sale of two out-of-the-money options ...

A short strangle aims to profit from a drop in implied ... Another way to manage the trade is to set a point on the chart where the trade will be adjusted or closed. That could be around $61 ...

A short strangle is when you sell an OTM (out-of-the ... I’m not a technical analyst, but the chart since its August 2019 IPO at $16 suggests its stock has been on a slow roll higher since ...

The immediate Support and Resistance levels for Nifty are: 22,900 and 23,700, respectively, as per Nifty 50 chart ...

>> There is an improvement in the overall market breadth over the last week, suggesting a limited downside capped within 22900. On the higher side, 23800 remains crucial and might take some time ...