Share
Laurus Lab’s
IPO opens for bidding on 6 December 2016
We can see
through the charts.
We can
write it on the wall.
What are
you waiting for?
We are
BULLET
BSE Sensex (26233.90) and NSE Nifty(8087.55) close down by 0.30 % and 0.30% respectively last week.
IDEA and RCOM added Open Interest in December series.Huge position was build up at Tata Power December call
Option Strike Price 80.00.Good
build up was also seen at IDEA call Option
Strike Price 70.00.
Strategy for Futures Option players
(1) GODREJ IND (378.95)
Future-Lot Size 1500 shares.
Buy One Lot December
Future @ 378.95 Rs.
Sell One Call Option December strike
price 390.00 @ 12.55 Rs
Premium Received = 12.55*1500
= 18825.00 Rs
Maximum Profit= 390.00 –
378.95 = 11.05*1500 = 16575 + 18825 = 35400.00 Rs.
Max Loss=Unlimited.
(2) COAL INDIA (305.70) LOT
SIZE 1700 shares
Buy One Call Option of December
Strike Price 305.00@ 9.50 Rs.
Sell One Call Option of
December Strike Price 310.00@ 7.10 Rs.
Premium Paid = 9.50*1700 = 16150.00
Rs.
Premium Received = 7.10*1700 = 12070.00
Rs.
Net Premium Paid = 16150.00 – 12070.00 =
4080.00 Rs.
Maximum Profit = 310.00 – 305.00 = 5.00*1700
= 8500.00 – 4080.00 = 4420.00 Rs.
Maximum Loss = 4080.00 Rs.
Break Even = 307.40
Trading Idea
(1) ADANI ENTERPRISE
(67.85) Buy this stock in decline and trade.
(2) EICHER MOTORS (22870) Buy
this stock in decline and trade.
By
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