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We can write it on the wall.
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Eyes on RBI’s meet on 7 April 2015
BSE Sensex
(28260.10) and NSE Nifty(8586.25) closed up by 2.89%
and 2.91% respectively last week.Nifty Future was quoting at 49.65 points premium.Nifty put option April 8400 was very active.Support for Sensex is
at 27820 and Nifty at 8440. Resistance
for Sensex is at 28730 and Nifty at 8740.
DISH TV and ICICI BANK added Open
Interest in April series.Huge position was build up at DLF April call Option Strike Price 155.Good
build up was also seen at ADANI PORT April call Option Strike Price 55.
Strategy for Futures Option players.
(1)
IOC (372.80)
Future-Lot Size 1000 shares.
Buy One Lot April Future
@ 372.80 Rs
Sell One Call Option April strike price 390@ 4.00Rs
Premium Received= 4.00*1000= 4000.00 Rs
Maximum Profit= 390- 372.80=17.20*1000= 17200
+ 4000.00 = 21200.00 Rs.
Max Loss=Unlimited.
(2) DR REDDY (3558.50) LOT SIZE 125 shares
Buy
One Call Option of April Strike
Price 3550@ 103.45 Rs.
Sell
One Call Option of April Strike
Price 3700@ 46 Rs.
Premium Paid = 103.45*125= 12931.25 Rs.
Premium Received= 46*125= 5750.00 Rs.
Net Premium Paid= 12931.25 –5750.00= 7181.25 Rs.
Maximum Profit = 3700-3550=150*125=18750.00 –
7181.25 = 11568.75 Rs.
Maximum Loss= 7181.25 Rs.
Break Even= 3607.45
Trading Idea
(1) BIOCON(465.85) Buy this stock in
decline and trade. .
(2) BPCL (804.00) Buy
this stock in decline and trade.
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1 comment:
I like your quality of content having accurate information regarding Forex market.
Forex tips
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