Nifty: Nifty option premium surges ahead of election results, use Iron Butterfly strategy: Anand James

With a surge in Nifty option premium for 6th June contract, a directional bet is fraught with high risk and therefore traders can deploy Iron Butterfly strategy, says Anand James, Chief Market Strategist, Geojit Financial Services. “At the centre of the Iron Butterfly is a short straddle with a short PE and short CE as … Read more