Hi All , No naked put/call buy /sell Folks look at daily RSI , its 13 , will anyone short this stock when RSI is 13 ? All the bears will wait till rsi come to 40-50 zone.
Quick strategy :
Buy 100 call 1 lot @ 4.6 Sell 110 call 1 lot @ 1.6
Net risk 3 rs * 6000 = 18k . You need minimum 3.5 lakh capital for this ,No over leverage and buy naked 5 lots , Manage your risk .
Consult your financial adviser before investing , options are risky
Trade closed: target reached
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we are making 1.5 -2 Rs on investment of 6.2 rs , That's gr8 return.
profits are our best friends in town .let's take them home.