SBI trade

SBI Price = 1821.35

BUY  1 lot of 1750 PUT  @ 11.90

Delta = -0.22

Theta = -1.46

SELL 1 lot of 1800 PUT  @ 24.10

Delta = -0.38

Theta = -1.64

Credit = 12.2

Return/Risk = 12.2/37.8

Position delta = 16 deltas

Go to Option Strategy Graph.