Sell 5100 Jan Put ( 1 lot) and Buy 5300 Jan Put ( 1 Lot)
Max risk for this strategy is 4032 and Max Profit is 5967.
If you are willing to take little more risk, you can go for the following.
Sell 5100 Jan Put ( 1 lot) and Buy 5300 Jan Put (2 Lots)
Max risk for this strategy is 9100 and unlimited profit…

