Sahaj Agrawal of Kotak Securities suggests Short Strangle strategy on Nifty

Q: How long will it take to read this news story?

The story "Sahaj Agrawal of Kotak Securities suggests Short Strangle strategy on Nifty" has 125 words across 4 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Sahaj Agrawal of Kotak Securities suggests Short Strangle strategy on Nifty" was covered 23 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 367 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26308735</li><li>URL: https://beamstart.com/news/sahaj-agrawal-of-kotak-securities-17400993606971</li></ul>

Business Standard Logo Business Standard 23h ago

Sahaj Agrawal of Kotak Securities suggests Short Strangle strategy on Nifty - Business Standard

Quick Summary:

Views expressed are his own.

Don't miss the most important news and views of the day.

Market is likely to remain range-bound in the near term, adhering to the key Support & Resistance levels established over the past two weeks. Key reference points for Nifty are: Support at 22,750 and Resistance at 23,450. Given the current range-bound nature of the market, a Short Strangle strategy is an ideal choice to capitalize on time decay (Theta decay). This strategy is profitable if the market remains in a tight range, benefiting from both volatility contraction and Theta decay. (Disclaimer: Sahaj Agrawal is senior vice president and head of derivatives research at Kotak Securities.