Let me tell you friends, taking long straddle on nifty option means buying both call option and a put option for nifty. These two options i.e call and put option are bought at the same time, same strike price and expiry. You will make profit in long straddle if Nifty future moves a long way from the strike price, either above or below. So a trader take nifty long straddle position if he thinks ... [Continue Reading]