Normally last week or mainly last two/three trading days of the month are governed by option table.
PCR has gone in oversold region and hence market shows bounce at 5830. This range between 5810-5830 has become very crucial level for market.
FII were again very subdued today and ended up very small quantity buying by their standard in cash and sold huge in future. This will have reminiscence tomorrow and could be gap down opening.
If you have short positions it is better to put limit before market opens to get advantage of probable gap down opening.
Some more lottery tickets, but do this very cautiously, only if it is permitted in to your this month's profit. Otherwise forget it. Market is going to stay and so do we.
Buy BHARTIARTL 320 CALL at 2 and Buy BHARTIARTL 300 PUT @ 2.5.
One should be extremely unlucky for closure of BHARTIARTL between 298- 322 at expiry.
Buy DLF 280 Call at 2.75 and Buy DLF 260 PUT @ 1.35
Maximum investment about 4000 and which could be maximum loss. One can gain profit from high volatility if stock closes below 256 or above 284. And this is very likely. There are more than 60% chances that it could cross borders.
PCR has gone in oversold region and hence market shows bounce at 5830. This range between 5810-5830 has become very crucial level for market.
FII were again very subdued today and ended up very small quantity buying by their standard in cash and sold huge in future. This will have reminiscence tomorrow and could be gap down opening.
If you have short positions it is better to put limit before market opens to get advantage of probable gap down opening.
Some more lottery tickets, but do this very cautiously, only if it is permitted in to your this month's profit. Otherwise forget it. Market is going to stay and so do we.
Buy BHARTIARTL 320 CALL at 2 and Buy BHARTIARTL 300 PUT @ 2.5.
One should be extremely unlucky for closure of BHARTIARTL between 298- 322 at expiry.
Buy DLF 280 Call at 2.75 and Buy DLF 260 PUT @ 1.35
Maximum investment about 4000 and which could be maximum loss. One can gain profit from high volatility if stock closes below 256 or above 284. And this is very likely. There are more than 60% chances that it could cross borders.
Hi Ram,
ReplyDeleteWhat is this strategy called? You are suggesting a ATM/ITM call + OTM Put for Bharti. You think the stock could swings either ways like it did today?