Delhi assembly elections on 7 Feb and results on 10 Feb 2015
BSE Sensex
(28717.91) and NSE Nifty(8661.05) closed down by 1.6%
and 1.7% respectively last week.Nifty Future was quoting at 50.85 points premium.Nifty call option February 9000 was very active.Support for Sensex is
at 28250 and Nifty at 8520. Resistance
for Sensex is at 29100 and Nifty at 8785.
HDIL and ITC added Open
Interest in February series.Huge position was build up at Hindalco February call
Option Strike Price 150.Good build up was also seen at HDIL February call Option Strike Price 125.
Strategy for Futures Option players.
(1)
DABUR (274.30) Future-Lot Size 1000 shares.
Buy One Lot February Future
@ 274.30 Rs
Sell One Call Option February strike price 280@ 5.40 Rs
Premium Received= 5.4*1000= 5400.00 Rs
Maximum Profit=280-274.30=5.7*1000= 5700.00 +
5400.00 = 11100.00 Rs.
Max Loss=Unlimited.
(2) HCLTECH (1954.70) LOT SIZE 125 shares
Buy
One Call Option of February
Strike Price 1950@ 66.00 Rs.
Sell
One Call Option of February
Strike Price 2000@ 42.05 Rs.
Premium Paid = 66*125 = 8250.00 Rs.
Premium Received=42.05*125= 5256.25 Rs.
Net Premium Paid= 8250.00 –5256.25= 2993.75 Rs.
Maximum Profit =2000-1950=50*15=6250.00 –
2993.75 = 3256.25 Rs.
Maximum Loss= 2993.75 Rs.
Break Even= 1973.95
Trading Idea
(1) UPL (428.35) Buy this stock in
decline and trade.
.
(2) WIPRO (643.25) Buy this stock in decline and trade.
By
Bullet
Advisory.
Traders
trade with us.
Funds
follow us.
Globe
track us.
What
are you waiting for?
Join
us.
we
are BULLET.
Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com
No comments:
Post a Comment