Don't try to find bottoms.Never FOMO.Have conviction and start DCA to make generational wealth.That's why we are called BULLET.
NIFTY METAL INDEX up 3.0% over last one month
BSE Sensex (62979.37) and NSE Nifty(18665.50) closed respectively last week.
We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET
CHANGE IN OPEN INTEREST % CHANGE
BHARTIARTL 23,332 35.46
DELTACORP 3,388 33.28
BHARTIARTL and TRENT added Open Interest in JULY series. Huge position was build up at GLENMARK call Option Strike
Price 710.00 .Good built up was also seen at INDUSINDBK call option Strike Price 1350.00
Future Option Trading Strategies
(1) AUROPHARMA (705.75) Future-Lot Size 1100 shares.
Buy One Lot JULY Future @ 705.75 Rs.
Sell One Call Option JULY strike price 710.00 @ 26.00 Rs
Premium Received = 26*1100 = 28600.00 Rs
Maximum Profit = 710.00 – 705.75 = 4.25*1100 = 4675.00 + 28600.00 = 33275.00 Rs.
Max Loss=Unlimited.
(2) IBULHSGFIN (116.35) LOT SIZE 5100 shares
Buy One Call Option of JULY Strike Price 115.00 @ 8.20 Rs.
Sell One Call Option of JUNE Strike Price 120.00 @ 5.75 Rs.
Premium Paid = 8.20*5100 = 41820.00
Premium Received = 5.75*5100 = 29325.00
Net Premium Paid = 41820.00 – 29325.00 = 12495.00 Rs.
Maximum Profit = 120.00 – 115.00 = 5.00*5100= 25500.00 – 12495.00 = 13005.00 Rs.
Maximum Loss = 8800.00 Rs.
Break Even = 117.45
Trading Idea
(1) DRREDDY (4993.90) Buy this stock in decline and trade.
(2) HDFC (2723.15) 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?
We are BULLET.
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By Bullet Advisory. Traders trade with us. Funds follow us. Globe track us. What are you waiting for? Join us. We are BULLET Happy with the quality of our free calls? Then don't waste your time. Subscribe to our paid services to get more calls like this live because the time and timing always matters.
