Weird straddle/tight strangle
Had a strangle go wrong in PODD. So I added a straddle on the call leg of the trade. I only plan on holding this position for a week. I sold 2 130 calls for Nov 17, one 130 put for Nov 17, and a 125 put for Nov 17 for a total of 33.40 cr. Target profit is 20% stop loss is 50% of credit received, so 670$ and 1,670$ respectively. I expect to exit this position before 10/18
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