The stocks has given a breakout before ..-> taken support at 171 level -- again ... expecting a good upside movement
from now ... multiple targets has been given
Targets : 175 -> 177 -> 179 -> 181
Strategy:
1 Put Spread : Sell 165 PE + Buy 145 PE ==> breakeven 161.5
2. Straddle : Sell 175PE + Sell 175CE ==> breakeven 156-194