Saturday, April 17, 2021

Range bound market is the best setup for selling out of the money call and put option simultaneously. Are are utilizing it? That's why we are called BULLET - BULLET ADVISORY

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 Nifty PHARMA INDEX closed up 12% over last one month .

 

BSE Sensex (48332.03) and Nifty (14617.85) closed respectively last week.

 

WIPRO and HINDALCO added Interest in APRIL series.Huge position was build up at WIPRO  call Option Strike Price 480.00.Good build up was also seen at ONGC call Option Strike Price 108.00

 

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) COFORGE (3173.70) Lot size 375 shares.
Buy One Lot APRIL Future @ 3173.70
Sell One Call Option APRIL strike price 3200.00@ 107.35 Rs.
Premium Received = 107.35*375 = 40256.25 RS.
Maximum Profit=  3200.00 - 3173.70 = 26.30*375 = 9862.50 + 40256.25 = 50118.75 Rs,
Max Loss=Unlimited.
 
 

(2) AUROPHARMA (953.00) Lot size 650 shares
Buy One Call Option of APRIL Strike Price  950.00@32.40
Sell One Call Option of APRIL Strike Price  960.00@28.50
Premium Paid = 32.40*650 = 21060.00
Premium Received = 28.50*650 = 18525.00
Net Premium Paid = 21060.00 - 18525.00 = 2535.00 Rs.
Maximum Profit = 960.00- 950.00=10*650 = 6500.00 - 2535.00 = 3965.00. Rs
Maximum Loss = 2535.00
Break Even = 953.90
 
 

Trading Idea
 
 

(1)  WIPRO (469.20) Buy this stock in decline and trade.
 
 

(2) GLENMARK (571.90) Buy this stock in decline and trade.

 


 


By
Bullet Advisory.
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us.
we are BULLET
 

 

By 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. Still what are you waiting for? We are BULLET. Happy with the quality of our free calls?Then don't waste your time.Subscribe to our paid services to get more calls like this live because the time and timing always matters. share this post on Whatsapp Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com Share of Whatsapp share this post on Whatsapp share this post on Whatsapp Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com Share of Whatsapp


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