Winter
session of Parliament will start on 24 November 2014
BSE Sensex
(27868.63) and NSE Nifty(8337.00) closed up by 0.01%
and 0.2% respectively last week.Nifty Future was quoting at 55.15 points premium.Nifty call option November 8400 was very active.Support for Sensex is
at 27750 and Nifty at 8300. Resistance
for Sensex is at 28000 and Nifty at 8375.
DLF and AXIS BANK added Open Interest in November series.Huge
position was build up at DR REDDY November
call Option Strike Price 3600.Good build up was also seen at SUN
PHARMA November call Option Strike Price
950.
Strategy for Futures Option players.
(1) BHARTI AIRTEL (392.30) Future-Lot Size 500 shares.
Buy One Lot November Future
@ 392.30 Rs
Sell One Call Option November strike price 410@ 4.75 Rs
Premium Received=4.75*500= 2375.00 Rs
Maximum Profit=410– 392.30 = 7.70*500= 3850.00
+ 2375.00 = 6225.00 Rs.
Max Loss=Unlimited.
(2) RANBAXY (667.45) LOT
SIZE 500 shares
Buy
One Call Option of NOVEMBER
Strike Price 660@ 27.50 Rs.
Sell
One Call Option of NOVEMBER
Strike Price 690@ 12.85 Rs.
Premium Paid = 27.50*500 = 13750.00 Rs.
Premium Received=12.85*500= 6425.00 Rs.
Net Premium Paid= 13750.00-6425.00= 7325.00 Rs.
Maximum Profit =690-660=30*500=15000– 7325.00
= 7675.00 Rs.
Maximum Loss= 7325.00 Rs.
Break Even= 674.65
Trading Idea
(1) AXIS BANK(469.05) Buy this stock in
decline and trade
.
(2) BANK BARODA
(962.45) 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.
Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com
No comments:
Post a Comment