HINDUSTAN UNILEVER LTD.
Short
Updated

Short Unilever Jan Futures

74
Short Unilever Jan 2019 Futures

Spot CMP: 1845, TGT: 1777/1740/1720; SL: 1870
Jan Fut CMP:1859 (14.00 Future Premium, 0.75% Arbitrage)

Alternately you can write 1860 CE for 50 rupee with a target of 30/20/10
FNO Margin Required: 2,00,000 (As per SASOnline)
Potential Gain: 600 x 14 + 600 x 72 = 51,000.00 (25%)

Strategy: Once target is met don't square off the position. Instead buy 1 lot in cash segment. By doing this you can save future premium arbitrage of 14 rupees.
Note
Stock almost met 1740 targets. Time to look at the results and act accordingly.
Note
All targets achieved in 22 trading sessions. Stock made low of 1726 in 28 trading sessions. Last target was missed by 6 points. Closed with 25% ROI return.

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