neneram

Ajanta Pharma - Options STRAP strategy

Long
NSE:AJANTPHARM   AJANTA PHARMA
Hi All ,
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with following STRAP strategy lot ratio.


Buy 1050 May call 2 lots @ 48/49
Buy 1050 May put 1 lot @ 32

call put ratio is 2 call , 1 put i.e 2:1 (Dont violate this like 3:1 or 5:1)
Execute folks , execute.

Even we get 20 point upmove we will get good returns , Let's play.

Options are risky , consult your financial adviser before investing
Comment: Folks Book out Put profit
Trade closed: stop reached: Close out call position by tomorrow EOD, This we have take as loss . It didnt work out as expected.

Sometimes you have take it on face , This one we have to take it
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