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Short Jio Fin through put diagonal - It broke down, made an attempt to reverse in last couple of days but didn't sustain. There is not much IV differential but just 10 days to expiry so instead of initiating a put spread in Feb, took diagonal. SL - close above 288 spot. Long 290 PE Feb Short 280 PE Jan

Published Jan 16, 2026Updated Jan 16, 20262 min read
Short Jio Fin through put diagonal - It broke down, made an attempt to reverse in last couple of days but didn't sustain. There is not much IV differential but just 10 days to expiry so instead of initiating a put spread in Feb, took diagonal. SL - close above 288 spot. Long 290 PE Feb Short 280 PE Jan
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