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Greece’s debt repayment deadline 20 August 2015
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Greece’s debt repayment deadline 20 August 2015
BSE Sensex (28067.31) and NSE Nifty(8518.55) closed
down by 0.60% and
0.50% respectively last week.Nifty put option August 8400 was very active.Nifty August future was
quoting at the premium of 26.65 points.Support
for Sensex is at 27500 and Nifty at 8364.
Resistance for Sensex is at 28500 and Nifty at 8650.
DLF and BANK BARODA added
Open Interest in August series.Huge
position was build up at RCOM August call
Option Strike Price 65.Good build up was also seen at SBI
August call Option Strike Price 300.
Strategy for Futures Option players
(1) NTPC (130.10) Future-Lot Size 2000 shares.
Buy One Lot August Future
@ 130.10 Rs.
Sell One Call Option August strike price 135@ 0.95 Rs
Premium Received= 0.95*2000= 1900.00 Rs
Maximum Profit= 135 – 130.10= 4.90*2000= 9800.00 + 1900.00
= 11700.00 Rs.
Max Loss=Unlimited.
(2) HDFC (1299.35) LOT SIZE 250 shares
Buy One Call
Option of August Strike Price 1280@ 37.80 Rs.
Sell One Call
Option of August Strike Price
1340@ 11.30 Rs.
Premium Paid = 37.80*250 = 9450.00 Rs.
Premium Received= 11.30*250 = 2825.00 Rs.
Net Premium Paid= 9450 – 2825= 6625.00 Rs.
Maximum Profit = 1340 - 1280= 60*250= 15000.00 –
6625.00 = 8375.00 Rs.
Maximum Loss= 6625.00 Rs.
Break Even= 1306.50
Trading Idea
(1) BPCL (873.75) Buy this stock in decline and
trade. .
(2)
ARVIND (293.75) Buy this stock in decline and trade.
By
Bullet Advisory.
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Globe track us.
What are you waiting for?
Join us.
we are BULLET.
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