Long Put Butterfly best option for you to play the US election

The strategy is to buying one 11,600 put, selling two 11,300 puts and buying one 11,000 put. From Friday’s close of 11,642, the expectation is not more than 3 per cent downside to 11,300 for maximum gain, with the Nifty already having corrected 3 per cent from its recent top.

from Markets-Economic Times https://ift.tt/3kO0Y0p