BSE Sensex
(19760.30) and
Nifty (5985.95) closed up by 0.3%
and 0.01% respectively last week.Nifty
Future June was quoting at 5.05 points premium.Nifty put option June 6000 was very active.Support for Sensex is at 19320.Resistance for Sensex is at 20120. Support
for Nifty is at 5880 and resistance at 6087.
INFY and SESAGOA added Open Interest in June series.Huge position
was build up at SBI June Call Option Strike Price 2200.Good build
up was also seen at INFY Call June Option Strike Price 2400.
Strategy for Futures Option players.
(1) INFY (2411.70)
lot size 125 shares
Buy One Call Option of JUNE Strike Price 2400@ 65.00 Rs
Sell One Call Option of JUNE Strike
Price 2450@ 45.00 Rs.
Premium .Paid= 65*125= 8125.00 Rs.
Premium Received= 45*125= 5625.00 Rs.
Net Premium Paid= 8125-5625= 2500.00 Rs.
Maximum Profit= 2450-2400= 50*125= 6250.00-
2500.00= 3750.00 Rs.
Maximum
Loss= 2500.00 Rs.
Break Even = 2420.00
(2) TCS (1485.05) Future-Lot Size 250 shares.
Buy One Lot JUNE Future
@ 1485.05 Rs
Sell One Call Option of JUNE Strike Price 1520@ 24 Rs.
Premium Received= 24*250= 6000.00 Rs
Maximum Profit= 1520-1485.05 = 34.95*250=
8737.50 + 6000.00 = 14737.50 Rs.
Max Loss=Unlimited.
Trading Idea
(1) CAIRN (285.55) Buy this stock in
decline and trade .
(2) SYNDI BANK (128.15) 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?
Join us.
Bullet Advisory.
Narendra
Nainani
Website www.subscriptionnarendranainani.blogspot.com
No comments:
Post a Comment