Buying lower strike price put option first and then buying future of the same stock when the price reaches the put strike price, minus the premium paid for buying that put option makes a risk free long position. Are you using this trick to make your trades risk free? That's why we are called BULLET - BULLET ADVISORY
Nifty FINANCIAL SERVICES INDEX closed up 9% over last one month . BSE Sensex (49099.99) and Nifty (14529.15) closed respectively last week. TATACHEM and SAIL added Open Interest in MARCH series.Huge position was build up at BAJFINANCE call Option Strike Price 5300.00.Good build up was also seen at KOTAKBANK call Option Strike Price 1800.00 We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET Trading Strategies F & O (1) NATIONALUM (60.20) Lot size 17000 shares. Buy One Lot MARCH Future @ 60.20 Sell One Call Option MARCH strike price 61.00@ 3.75 Rs. Premium Received = 3.75*17000 = 63750.00 RS. Maximum Profit= 61.00 - 60.20 = 0.80*17000 = 13600.00 + 63750.00 = 77350.00 Rs, Max Loss=Unlimited. (2) SAIL (76.55) Lot size 57000 shares Buy One Call Option of MARCH Strike Price 76.00@5.75 Sell One Call Option of MARCH Strike Price 77.00@5.30 Premium Paid = 5.75*57000 = 327750.00 P...