Stock is moving in a downward trend making Lower highs and Lower Lows.
Trade Idea - One may sell 500CE / 480CE for Mar'18 month expiry and may keep shifting the strike position to lower side as stock moves downward.
Stop Loss - break of last Lower High on closing basis to be considered as SL.
For educational purpose.
Trade Idea - One may sell 500CE / 480CE for Mar'18 month expiry and may keep shifting the strike position to lower side as stock moves downward.
Stop Loss - break of last Lower High on closing basis to be considered as SL.
For educational purpose.
Comment:
Target achieved