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 18200 CE and Short 17800 PE

🛑 we can observe that market may be stays in between with the range of 18200-17800,only When there's no Volatility .

- if short both side / if we did short strangle
if breakout happens at 18200 then we can exit from short CE position and hold short PE until achieve the target of 18200
if breakdown happens at 17850 then we can exit from short PE position and hold the short CE until achieve the target of 17850

🛑 Take Position after 11 to 11:30 AM if market still in between our range
- from 11:30 Am here afterwards volatility will starts to cool off


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