MAV Option Stratagies 2 : Modified Protective Put/ Call for Bearish/Bullish

 Applicable: It is for highly volatile stocks, result season/ events. and monthly contracts

NOTE: avoid this strategy on low volatile stocks like NTPC, POWERGRID, ITC

Type: Bullish/ Bearish

Execution Time: Start of the month Buy 1 strike ITM

                           Middle of the month Buy at ATM

Risk: Limited 

Profit: Limited

Execution: Buy Future and Buy ATM Put and Sell 2 OTM Call and Buy 1 OTM call

Example :  Bullish

EXAMPLE