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Sensex closes at 8 week high
We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET
BSE Sensex (26759.23) and NSE Nifty(8243.80) close down by 0.40 % and 0.30% respectively last week.
ONGC
and JSWENERGY added Open Interest in January series.Huge position
was build up at IFCI January call Option Strike Price 30.00.Good
build up was also seen at SBIN call Option Strike Price 250.00.
Strategy for Futures Option players
(1) BIOCON (965.60) Future-Lot Size 600 shares.
Buy One Lot January Future @ 965.60 Rs.
Sell One Call Option January strike price 980.00 @ 18.00 Rs
Premium Received = 18*600 = 10800.00 Rs
Maximum Profit= 970.00 – 965.60 = 4.40*600 = 2640 + 10800 = 13440.00 Rs.
Max Loss=Unlimited.
(2) JSWENERGY (65.60) LOT SIZE 8000 shares
Buy One Call Option of January Strike Price 65@2.80 Rs.
Sell One Call Option of January Strike Price 70.00@ 1.10 Rs.
Premium Paid = 2.80*8000 = 22400.00 Rs.
Premium Received = 1.10*8000 = 8800.00 Rs.
Net Premium Paid = 22400.00 – 8800.00 = 13600.00 Rs.
Maximum Profit = 70.00 – 65.00 = 5.00*8000 = 40000.00 – 13600.00 = 26400.00 Rs.
Maximum Loss = 13600.00 Rs.
Break Even = 66.70
Trading Idea
(1) EICHER MOTORS (22717.75) Buy this stock in decline and trade.
(2) KOTAK BANK (716.85) 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
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1 comment:
nice post
http://tipsstockcommodity.blogspot.in/2017/01/stock-market-flat-latest-stock-and.html
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