neneram

Ambuja cement - direction neutral stratgey

NSE:AMBUJACEM   AMBUJA CEMENTS LTD
Hi All ,
No naked put/call buy/sell
Following is strategy:
Buy March 255 call 1 lot @ 6.25
Buy March 255 put 1 lot @ 7.25

i.e total 13.5 Rs

What say folks it won't move 15 point in this month ? let option writers figure it out , one of the writer is wrong .

No over leverage and buy 5 lots,just stick with 1 lot.
options are risky , risk of capital loss involved.

Consult your financial adviser before investing
Trade active: Trade active @ 13
Trade closed manually: Folks our put call pair is trading at 15 .
Book out , Exit , Exit.

2 Rs profit on 13rs investment is gr8 return , take it home
Comment: Exit , Exit
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