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As uncertainty about the market’s direction heightens ahead of the Union Budget on

Saturday, analysts suggest traders could use a mix of Nifty options to bet on the
event. Volatility Index, or VIX, is at 16.80, it’s the highest level in the last
three months. VIX has risen from 10 to 17 in over a month as option premiums have
climbed up due to heightened worries about the Budget. Here are some of the
strategies analysts are suggesting with the Budget in mind:

AMIT GUPTA
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