Trades for the expiry week

NIFTY is heading towards 7600.
Buy PUTs is the matra for success.

NIFTY

This is an OI table for the next month.
Buy 7800 PUTs around 30-35 of September expiration.
Buying 200 quantity one would invest only Rs. 7000/-

Buy next month's TATAMOTORS PUT of 320 strike price at around 9-10/-

IT stocks should not fall too much even if market falls.

Sell 1000 quantity (2 lots) of TECHM 560 strike price at around 9-10 of August expiration. Or sell one lot of TECHM 570 strike price at around 14-15 of August expiration.

In short trades for expiry week could be as follows

1. Buy 7800 PUTs around 30-35 of September expiration.
2. Buy 320 PUT of  TATAMOTORS PUT around 9-10/- of September expiration.
3. Sell 1000 quantity (2 lots) of TECHM 560 strike price at around 9-10 of August expiration. OR for more risk takers just sell one lot of TECHM 570 strike price at around 14-15 of August expiration.

Disclaimer: This blog does not take any responsibility of your profit/loss