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Weekly options strategy: Nifty may turn rangebound, opt for Short Straddle | Economic Times

Weekly options strategy: Nifty may turn rangebound, opt for Short Straddle https://ift.tt/iR2jaTH data perspective, both Call and Put open interest for the coming weekly settlement is visible at ATM 16,200 strike, suggesting some consolation. However, with the recent up move, Call writers seem to be stuck, and closure among them will continue to provide support. Hence significant declines may not be seen in the near term.
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