Threat from North Korea still lingers
BSE Sensex (31687.52) and NSE Nifty(9934.80) closed respectively last week.
ASHOKLEY and VEDL added Open Interest in September series.Huge position was build up at SUZLON September call Option Strike Price 17.50.Good build up was also seen at GMRINFRA call Option Strike Price 20.00.
Strategy for Futures Option players
(1) JSWENERGY (72.10) Future-Lot Size 8500 shares.
Buy One Lot September Future @ 72.10 Rs.
Sell One Call Option September strike price 72.50 @ 2.50 Rs
Premium Received = 2.50*8500 = 21250.00 Rs
Maximum Profit= 72.50 – 72.10 = 0.40*8500 = 3400.00 + 21250.00 = 24650.00 Rs.
Max Loss=Unlimited.
(2) ASHOKLEY (115.40) LOT SIZE 7000 shares
Buy One Call Option of September Strike Price 115@4.15 Rs.
Sell One Call Option of September Strike Price 117.50@ 2.95 Rs.
Premium Paid = 4.15*7000 = 29050.00 Rs.
Premium Received = 2.95*7000 = 20650.00 Rs.
Net Premium Paid = 29050.00 – 20650.00 = 8400.00 Rs.
Maximum Profit = 117.50 – 115.00 = 2.50*7000 = 17500.00 – 8400.00 = 9100.00 Rs.
Maximum Loss = 8400.00 Rs.
Break Even = 116.20
Trading Idea
(1) IGL (1374.90) Buy this stock in decline and trade.
(2) KOTAKBANK (1007.55) 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?
Join us.
we are BULLET
Bullet Advisory.
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us. we are BULLET
We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET
Share
share this post on Whatsapp
Website www.bulletadvisory.com
Website www.subscriptionnarendranainani.blogspot.com
Share of Whatsapp
Share
share
this post on Whatsapp