Granules ---April month strategy (Directional neutral)

Hi All ,
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.

Following is strategy:

Buy April 105 call @ 5.75
Buy April 105 put @ 5

Total cost 10.75 , What say folks it won't move 11 rs up or down in April ? Seems one of the option writer is wrong , but let them sort it out . targets mentioned on chart .

Even if we are making 1 rs on 10.75 investment we should be out of this trade .

You need capital of 2 lakh for this trade if you don't have this is not your trade .
(Risk is as always 30% of premium paid i.e approx 3 rs * 5000 = 15k ).

Options are risky consult your financial adviser before taking any trade.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.