Made low of 309.6
The next day it made and today .
View is to long about the high of
Long above 320
Highest OI is at 350 CE and 320 PE.
expecting it to close in between this range
Once in profit of 3-4 rs can sell 335 CE to pocket premium and save the downside risk
Adaniports future buy would cost around 2.75 L but when you sell a CE it would take only another 25k-30k extra Margin.
335 CE is 5 rs at the moment and would be around 7-8 rs when adani would be trading at 322-324
when you sell it you are protected downside in case your sl hit.
Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting your advisor.
currently in loss overall