June 2013 F&O contracts expire on Thursday, 27 June 2013

BSE Sensex (18774.24)   and Nifty (5667.65) closed  down  by  2.1% and  2.4% respectively last week.Nifty Future June was quoting at  11.70  points discount.Nifty PUT option June  5600 was very active.Support for Sensex is at  18470.Resistance for Sensex is at 19230. Support for Nifty is at 5570 and resistance at 5815.

POWERGRID  and  ICICI BANK  added Open Interest in June series.Huge position was build up at  SBI  June Call Option Strike Price 2000.Good build up was also seen at  RCOM  Call June  Option Strike Price 130.

Strategy  for Futures Option players.                                                                 

(1) RCOM (119.55) lot size 4000 shares                                                                                                                                                                                                                         

Buy One Call Option of  JULY Strike Price 120@ 7.55 Rs

Sell One Call Option of  JULY Strike Price 130@ 4.20 Rs.

Premium .Paid= 7.55*4000= 30200.00 Rs.

Premium Received= 4.20*4000 =  16800.00 Rs.

Net Premium Paid= 30200 - 16800= 13400.00 Rs.

Maximum Profit= 130-120= 10*4000 = 4000.00- 13400= 26600.00 Rs.

 Maximum Loss=  13400.00 Rs.

Break Even = 123.35

(2) WIPRO (347.25)   Future-Lot Size 500 shares.

Buy One Lot  JULY  Future  @ 347.25 Rs

Sell One Call Option of  JULY Strike Price 360@ 9.00 Rs.

Premium Received= 9*500 = 4500.00 Rs

Maximum Profit= 360-347.25 = 12.75*500 = 6375.00 + 4500.00 = 10875.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) CAIRN (293.50) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) IDEA (139.85) Buy this stock in decline and trade

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FOMC policy meet on interest rates on 18th and 19th June 2013

BSE Sensex (19177.93)   and Nifty (5808.40) closed  down  by  1.3% and  1.2% respectively last week.Nifty Future June was quoting at  7.15  points discount.Nifty call option June  5800 was very active.Support for Sensex is at  18770.Resistance for Sensex is at 19580. Support for Nifty is at 5680 and resistance at 5930.

HINDALCO  and  TATA STEEL  added Open Interest in June series.Huge position was build up at  SBI June Call Option Strike Price 2100.Good build up was also seen at  RELIANCE  Call June  Option Strike Price 820.

Strategy  for Futures Option players.                                                                 

(1) RELIANCE IND (817.65) lot size 250 shares                                                                                                                                                                                                                         

Buy One Call Option of  JUNE Strike Price 820@ 15.00 Rs

Sell One Call Option of  JUNE Strike Price 840@ 8.50 Rs.

Premium .Paid= 15*250= 3750.00 Rs.

Premium Received= 8.50*250 =  2125.00 Rs.

Net Premium Paid= 3750 - 2125= 1625.00 Rs.

Maximum Profit= 840-820= 20*250 = 5000.00- 1625.00= 3375.00 Rs.

 Maximum Loss=  1625.00 Rs.

Break Even = 826.50

(2) CAIRN (291.35)   Future-Lot Size 1000 shares.

Buy One Lot  JUNE  Future  @ 291.35 Rs

Sell One Call Option of  JUNE Strike Price 300@ 2.60 Rs.

Premium Received= 2.60*1000 = 2600.00 Rs

Maximum Profit= 300-291.35 = 8.65*1000 = 8650.00 + 2600.00 = 11250.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) LUPIN (783.45) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) IDEA (136.30) Buy this stock in decline and trade

 

By 

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Narendra Nainani

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rupee hit near one-year low below 57 a dollar

BSE Sensex (19429.23)   and Nifty (5881) closed  down  by  1.7% and  1.8% respectively last week.Nifty Future June was quoting at  17.85  points premium.Nifty call option June  6000 was very active.Support for Sensex is at  19100.Resistance for Sensex is at 19720. Support for Nifty is at 5780 and resistance at 5970.

REC LTD and  TCS added Open Interest in June series.Huge position was build up at  SBI  June Call Option Strike Price 2100.Good build up was also seen at  INFY  Call June  Option Strike Price 2500.

Strategy  for Futures Option players.                                                                 

(1) LUPIN (762) lot size 500 shares                                                                                                                                                                                                                         

Buy One Call Option of  JUNE Strike Price 760@ 24.00 Rs

Sell One Call Option of  JUNE Strike Price 770@ 19.95 Rs.

Premium .Paid= 24*500= 12000.00 Rs.

Premium Received= 19.95*500 =  9975.00 Rs.

Net Premium Paid= 12000 - 9975= 2025.00 Rs.

Maximum Profit= 770-760= 10*500 = 5000.00- 2025.00= 2975.00 Rs.

 Maximum Loss=  2025.00 Rs.

Break Even = 764.05

(2) DR REDDY (2197.05)   Future-Lot Size 125 shares.

Buy One Lot  JUNE  Future  @ 2197.05 Rs

Sell One Call Option of  JUNE Strike Price 2300@ 16.90 Rs.

Premium Received= 16.90*125 = 2112.50 Rs

Maximum Profit= 2300-2197.05 = 102.95*125= 12868.75 + 2112.50 = 14981.25 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) TCS (1518.95) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) CESC (349.70) Buy this stock in decline and trade

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