Bank of Japan’s interest rate decision scheduled on 9 March 2018
BSE Sensex (34046.94) and NSE Nifty (10458.35) closed respectively last week.
IDBI and IFCI added Open Interest in March series.Huge position was build up at SUZLON March call Option Strike Price 15.00.Good build up was also seen at IDBI call Option Strike Price 85.00.
Strategy for Futures Option players
(1) NIIT TECH (872.70) Future-Lot Size 1500 shares.
Buy One Lot March Future @ 872.70 Rs.
Sell One Call Option March strike price 880 @ 30.00 Rs
Premium Received = 30*1500 = 45000.00 Rs
Maximum Profit= 880.00 – 872.70 = 7.30*1500 = 10950.00 + 45000.00 = 55950.00 Rs.
(2) BPCL (442.80) LOT SIZE 1800 shares
Buy One Call Option of March Strike Price 440@ 13.00 Rs.
Sell One Call Option of March Strike Price 460.00@ 6.00 Rs.
Premium Paid = 13*1800 = 23400.00 Rs.
Premium Received = 6*1800 = 10800.00 Rs.
Net Premium Paid = 23400.00 – 10800.00 = 12600.00 Rs.
Maximum Profit = 460.00 – 440.00 = 20.00*1800 = 36000.00 – 12600.00 = 23400.00 Rs.
Maximum Loss = 12600.00 Rs.
BREAKEVEN = 447
(1) IDBI (80.50) Buy this stock in decline and trade.
(2) DALMIA BHARAT (2740) 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
Bullet Advisory. Traders trade with us. Funds follow us. Globe track us. What are you waiting for? Join us. we are BULLET We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET Share share this post on Whatsapp Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com Share of Whatsapp