Suggestions to buy sell stocks based on volatility by BULLET ADVISORY
Share share this post on Whatsapp Market may remain volatile in the near future . We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET BSE Sensex (26397.71) and NSE Nifty(8088.60) close down 1.00 % and 1.01 % respectively last week. PNB and SUNPHARMA added Open Interest in JUNE series.Huge position was build up at PNB JUNE call Option Strike Price 105.00.Good build up was also seen at ICICI BANK JUNE put Option Strike Price 220.00. Strategy for Futures Option players (1) DR REDDY (3157.95) Future-Lot Size 200 shares. Buy One Lot JULY Future @ 3157.95 Rs. Sell One Call Option JULY strike price 3200 @ 78.00 Rs Premium Received = 78*200 = 15600.00 Rs Maximum Profit= 3200.00 – 3157.95 = 42.05*200 = 8410.00 + 15600 = 24010.00 Rs. Max Loss=Unlimited. (2) BPCL (1013.70) LOT SIZE 600 shares Buy One Call Option of JULY Strike Price 1000@ 38.60 Rs. Sell One Call O...