We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET.
China’s industrial production
data due on 11 June 2015
BSE
Sensex (26768.49) and NSE Nifty(8114.70) closed down by 3.8%
and 3.81% respectively last week.Nifty call option June 8300 was very active.Nifty June future was
quoting at the discount of 2.65 points.Support for Sensex is at 25700 and Nifty at 7810. Resistance for
Sensex is at 27630 and Nifty at 8370.
COAL
INDIA and IDEA added Open Interest in June series.Huge position was build up at TATA MOTORS
June put Option Strike Price 420.Good build up was
also seen at ICICI BANK June put Option Strike Price 290.
Strategy for Futures Option players
(1)IDEA
(178.10) Future-Lot Size 2000 shares.
Buy
One Lot June Future
@ 178.10 Rs.
Sell
One Call Option June
strike price 185@ 2.75 Rs
Premium Received= 2.75*2000= 5500.00
Rs
Maximum Profit= 185 – 178.10=
6.90*2000= 13800.00 + 5500.00 = 19300.00 Rs.
Max Loss=Unlimited.
(2) NTPC (140.05) LOT SIZE 2000
shares
Buy One Call Option of June Strike Price 140@ 3.05 Rs.
Sell One Call Option of June Strike Price 145@ 1.35 Rs.
Premium Paid = 3.05*2000 = 6100.00
Rs.
Premium Received= 1.35*2000 = 2700.00
Rs.
Net Premium Paid= 6100 –2700= 3400.00
Rs.
Maximum Profit = 145 - 140=
5*2000= 10000.00 – 3400.00 = 6600.00 Rs.
Maximum Loss= 3400 Rs.
Break Even= 141.70
Trading Idea
(1) COAL INDIA (405.35)
Buy this stock in decline and trade.
.
(2) HAVELLS (277.95)
Buy this stock in decline and trade.
By
Bullet Advisory.
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