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The author proposes a simple Contrary Positions Rule strategy for playing Futures and Options combinations, naming it the CPR F&O strategy. The reader is guided to create an optimum strategy that exploits the existing trend, implied volatility of options and the time decay inherent in options to one’s advantage. Right at the start of executing initial trades, the reader can estimate maximum profit potential, reversal and exit points using just plain arithmetic and follows those figures through for one
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