Sunday, 17 February 2013

New Option Strategies

Sell YESBANK 560 CALL @ 0.75-0.95
Sell YESBANK 440 PUT @ 075-0.95

One should easily gain about Rs. 1200-1400 excluding brokerage within next 9 trading days with about 75000 to 8000 margin money. This is more than 50% ROI and this is reasonably safe.

Bearspread strategy for DLF
Buy DLF 240 PUT at 3.2 and sell DLF 230 PUT at 1.45.
Maximum loss Rs. 1750 and maximum gain could be Rs. 8250, if DLF closes below 230 by end of the month.
DLF is very volatile stock, IV is more than 45, next support level is around 231/230, so chances of DLF going near 230 can not be ignored. Statistically also there is more than 35% chance that DLF will go below 230, which is not bod for swing trading. However, it is highly advisable to exit this strategy if there is more than 2% gain during next three/four trading sessions.

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




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