options trading: Weekly Options Strategy: As Nifty50 looks to consolidate, go for Bear Put spread
Strategy Positions:
Buy Nifty August 17700 Put at 115 & sell August 17500 Put at 58, Total premium out-flow: 57; Target: 143; Stop loss: 12.5 (1 Lot Each).
Rationale
The Nifty closed marginally green last week despite profit taking!--/marketstory.cms?msid=91256639&imgid=91457710&title=Smart>…