RBI monetary policy to be announced on 5 April 2018
BSE Sensex (32968.68) and NSE Nifty (10113.70) closed respectively last week.
ASHOKLEY and YESBANK added Open Interest in April series.Huge position was build up at SUZLON April call Option Strike Price 15.00.Good build up was also seen at GMRINFRA call Option Strike Price 20.00.
Strategy for Futures Option players
(1) HERO MOTOCORP (3529) Future-Lot Size 200 shares.
Buy One Lot April Future @ 3529.00 Rs.
Sell One Call Option April strike price 3550 @ 50.00 Rs
Premium Received = 50*200 = 10000.00 Rs
Maximum Profit= 3550.00 – 3529.00 = 21*200 = 4200.00 + 10000.00 = 14200.00 Rs.
(2) YESBANK (304) LOT SIZE 1750 shares
Buy One Call Option of April Strike Price 300@ 16.00 Rs.
Sell One Call Option of April Strike Price 320@ 7.00 Rs.
Premium Paid = 16*1750 = 28000.00 Rs.
Premium Received = 7*1750 = 12250.00 Rs.
Net Premium Paid = 28000.00 – 12250.00 = 15750.00 Rs.
Maximum Profit = 320.00 – 300.00 = 20.00*1750 = 35000.00 – 15750.00 = 19250.00 Rs.
Maximum Loss = 15750.00 Rs.
BREAKEVEN = 309.00
(1) APOLLO HOSPITALS(1064.65) Buy this stock in decline and trade.
(2) COLPAL (1056.90) Buy this stock in decline and trade.
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