Buy TATAMOTOR 300 PUT @ 4.30 and Sell TATAMOTOR 280 PUT @ 1.00. Maximum loss Rs. 3300 and Maximum profit Rs. 6700 if TATAMOTORS goes below 280 before expiry.
Please note chances of TATAMOTORS going below 280 (before this expiry) are very low, but one can enter in to the trade for a day or two and if does not move in favored direction then book loss. It will be much less than Rs. 3300! Or if TATAMOTORS goes above 309 in cash then exit this strategy so that loss will be very minimum, not even Rs. 500/-. If it trades above 309 then don't even enter in to this trade.
IFCI took north direction, it was against my anticipation, but at this point same trade is more attractive. Now maximum loss will be Rs. 2400 and profit could 17600.
Stock is just at the resistance line, below the cloud, high IV and touching overbought region. Here also if IFCI does not go down in next two days, exit this trade latest by Friday to minimize the loss. Also do not forget to book profit if your bank account is wealthier by 2%.
Disclaimer: This blog does not take any responsibility of your profit/loss
Please note chances of TATAMOTORS going below 280 (before this expiry) are very low, but one can enter in to the trade for a day or two and if does not move in favored direction then book loss. It will be much less than Rs. 3300! Or if TATAMOTORS goes above 309 in cash then exit this strategy so that loss will be very minimum, not even Rs. 500/-. If it trades above 309 then don't even enter in to this trade.
IFCI took north direction, it was against my anticipation, but at this point same trade is more attractive. Now maximum loss will be Rs. 2400 and profit could 17600.
Stock is just at the resistance line, below the cloud, high IV and touching overbought region. Here also if IFCI does not go down in next two days, exit this trade latest by Friday to minimize the loss. Also do not forget to book profit if your bank account is wealthier by 2%.
Disclaimer: This blog does not take any responsibility of your profit/loss
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