We can see through the charts.
We can write it on the wall.
What are you waiting for?
US Federal Reserve’s two day meeting on interest rate
decision on 27 and 28 October 2015
BSE Sensex (27470.81) and NSE Nifty(8295.45) closed up by 0.9% and
0.7% respectively last week.Nifty call option October 8400 was very active.Nifty October future was
quoting at the premium of 13.00 points.Support for Sensex is at 27250 and Nifty at 8232. Resistance for
Sensex is at 27620 and Nifty at 8342.
SBIN
and AXIS BANK added Open
Interest in October series.Huge
position was build up at IDEA October put
Option Strike Price 135.Good build up was also seen at PETRONET October
call Option Strike Price 210.
Strategy
for Futures Option players
(1) BANK INDIA (139.10)
Future-Lot Size 3000 shares.
Buy One Lot November
Future @ 139.10 Rs.
Sell One Call Option November
strike price 145@ 5.20 Rs
Premium Received= 5.20*3000= 15600.00 Rs
Maximum Profit= 145 – 139.10 = 5.90*3000= 17700.00 + 15600.00 = 33300.00
Rs.
Max Loss=Unlimited.
(2) IDFC (60.70) LOT SIZE 3300 shares
Buy One Call Option of November
Strike Price 60@ 4.40 Rs.
Sell One Call Option of November
Strike Price 65@ 2.30 Rs.
Premium Paid = 4.40*3300 = 14520.00 Rs.
Premium Received= 2.30*3300 = 7590.00 Rs.
Net Premium Paid= 14520 – 7590 = 6930.00 Rs.
Maximum Profit = 65 - 60= 5*3300= 16500.00 – 6930.00 = 9570.00 Rs.
Maximum Loss= 6930.00 Rs.
Break Even= 62.10
Trading Idea
(1) JUBILANT FOODWORKS (1519) Buy this stock in decline and
trade.
.
(2) SIEMENS
(1371.05) 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 Share of Whatsapp
No comments:
Post a Comment