HDFCBANK FOLLOWUP TRADE PLAN-OPTIONS STRATEGY: 06 JUL 20 ONWARDS

Jul 5, 2020

As per the idea published on 27 Jun 20 HDFCBANK faced stiff resistance around 1088-1106 levels.

Followup trade plan

Option Strategy based on the chart


Option 1
Sell 1100CE 28.65
Buy 1180CE 7.8
Net credit 20.85
Max Profit 11468
Max Loss 32533
Break Even 1121
Margin Required 60K Approx
POP 67%

Option 2
Sell 1110 CE 24.9
Buy 1180 CE 7.8
Net credit 17.10
Max Profit 9405
Max Loss 29095
Break Even 1127
Margin Required 60K approx.
POP 69%

Be Proactive Trader

Better Insight, Better Trade Execution

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field

Jul 29, 2020

Trade closed: target reached

Option 1
Sell 1100CE 28.65
Buy 1180CE 7.8
Net credit 20.85
Max Profit 11468
Max Loss 32533

29 Jul 20: Option 1 trade plan is trading @ its max profit of Rs 11468
Trade closed

Option 2

Option 2
Sell 1110 CE 24.9
Buy 1180 CE 7.8
Net credit 17.10
Max Profit 9405
Max Loss 29095

29 Jul 20: Option 1 trade plan is trading @ its max profit of Rs 9405, Trade closed.....cheeers