It is better to sell straddle in a narrow range market. Are you trading aggressively in a range bound market? That's why we are called BULLET - BULLET ADVISORY .

 Nifty BANK INDEX closed up 11% over last one month .

 

BSE Sensex (50540.48) and Nifty (15175.30) closed respectively last week.

 

SBIN and BANKBARODA added Interest in MAY series.Huge position was build up at SBIN  call Option Strike Price 410.00.Good build up was also seen at IDFCFIRSTB call Option Strike Price 60.00


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) BAJAJ-AUTO (4133.50) Lot size 250 shares.
Buy One Lot MAY Future @ 4133.50
Sell One Call Option MAY strike price 4150.00@ 39.00 Rs.
Premium Received = 39*250 = 9750.00 RS.
Maximum Profit=  4150.00 - 4133.50 = 16.50*50 = 4125.00 + 9750.00= 13875.00 Rs,
Max Loss=Unlimited.
 
 

(2) M&M (818.95) Lot size 700 shares
Buy One Call Option of MAY Strike Price  810.00@16.95
Sell One Call Option of MAY Strike Price  830.00@6.75
Premium Paid = 16.95*700 = 11865.00
Premium Received = 6.75*700 = 4725.00
Net Premium Paid = 11865.00 - 4725.00 = 7140.00 Rs.
Maximum Profit = 830.00- 810.00=20*700 = 14000.00 - 7140.00 = 6860.00. Rs
Maximum Loss = 7140.00
Break Even = 820.20
 
 

Trading Idea
 
 

(1)  SBIN (401.20) Buy this stock in decline and trade.
 
 

(2) INDUSINDBK (1016.00) 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.