BSE Sensex
(18938.46) and Nifty(5746.95)
closed up by 0.9% and 0.8% respectively last week..Nifty
Future October was quoting at 27.25 points
premium.Nifty call option October 5800
was very active.Support for Sensex is at
18780. Resistance for Sensex is at 19130. Support for Nifty is at 5700
and resistance is at 5815.
SBI and HDFC added Open Interest in October series.Huge position
was build up at SBI October Call Option Strike Price 2400.Good build up
was also seen at RIL October Call Option
Strike Price 860.
Strategy for Futures Option players.
1)DLF(241.90)
lot size 2000 shares
Buy One Call Option of October Strike Price 240@11 Rs
Sell One Call Option of October Strike
Price 250@6.55 Rs.
Premium .Paid= 11*2000=22000.00 Rs.
Premium Received= 6.55*2000= 13100.00 Rs.
Net Premium Paid=22000-13100= 8900 Rs.
Maximum Profit==250-240 =10*2000=20000-8900=
11100.00 Rs.-
Maximum
Loss= 8900.00 Rs.
Break Even = 244.45
2)LT(1652.25) Future-Lot Size 250 shares.
Buy One Lot October Future
@1652.25 Rs
Sell One Call Option of October Strike Price 1700@ Rs.25.80
Premium Received=25.8*250= 6450.00 Rs
Maximum Profit=1700-1652.25 == 47.75*250=.11937.50
+ 6450=18387.50 Rs.
Max Loss=Unlimited.
Trading Idea
1)COLPAL(1241.25) Buy this stock in decline
and trade
.
2)REC LTD(227.85) Buy this stock in decline
and trade
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us.
By
Bullet Advisory.
Narendra
Nainani
Mobile No. +919898162770
Website www.subscriptionnarendranainani.blogspot.com
No comments:
Post a Comment