Hi Nautilus,
In the light of crude price gaining over four dollars today, it seems the market will correct. If you find the market is correcting than be ready to sell 300 uncommitted put options. If you want to be very aggressive you can sell 300 put options SP2500. Just keep in minds that as soon as the order is executed enter another order. This order will be to go short 300 Nifty futures at a stop limit price of 2500 with a stop loss of 2510.
Happy Trading,
Wastej
In the light of crude price gaining over four dollars today, it seems the market will correct. If you find the market is correcting than be ready to sell 300 uncommitted put options. If you want to be very aggressive you can sell 300 put options SP2500. Just keep in minds that as soon as the order is executed enter another order. This order will be to go short 300 Nifty futures at a stop limit price of 2500 with a stop loss of 2510.
Happy Trading,
Wastej