Uncertainties on the status of Greece including a possible exit from Eurozone persists
BSE Sensex (27458.38) and NSE Nifty(8284.50) closed down by 1.5% and 1.3% respectively last week.Nifty Future was quoting at 27.10 points premium.Nifty call option January 8400 was very active.Support for Sensex is at 26800 and Nifty at 8080. Resistance for Sensex is at 28000 and Nifty at 8460.
HIND UNILEVER and INFY added Open Interest in January series.Huge position was build up at INFY January call Option Strike Price 2200.Good build up was also seen at TATA GLOBAL January call Option Strike Price 160.
Strategy for Futures Option players.
(1) INFY (2088) Future-Lot Size 250 shares.
Buy One Lot January Future @ 2088 Rs
Sell One Call Option January strike price 2180@ 19.85 Rs
Premium Received= 19.85*250= 4962.50 Rs
Maximum Profit=2180-2088=92*250= 23000.00 + 4962.50 = 27962.50 Rs.
(2) HEXAWARE (209.30) LOT SIZE 2000 shares
Buy One Call Option of January Strike Price 210@ 7.95 Rs.
Sell One Call Option of January Strike Price 225@ 2.90 Rs.
Premium Paid = 7.95*2000 = 15900.00 Rs.
Premium Received=2.90*2000= 5800.00 Rs.
Net Premium Paid= 15900.00 –5800.00= 10100.00 Rs.
Maximum Profit =225-210=15*2000=30000.00 – 10100.00 = 19100.00 Rs.
Maximum Loss= 10100.00 Rs.
Break Even= 215.05
(1) TECH M (2680.35) Buy this stock in decline and trade. .
(2) BATA INDIA (1356.90) Buy this stock in decline and trade.
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
we are BULLET.
Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com