The stock is in tight range both side movement possible ... range 1380 - 1420
The upside has a target of 1450
infy can be bought if come down to 1350 ( good support zone )
simple option strategy
sell 1300PE + buy 1240PE with breakeven below 1310 --> very safe strategy
... around 50K premium used get around 2k ---> monthly roi of 4-5% good enough
The upside has a target of 1450
infy can be bought if come down to 1350 ( good support zone )
simple option strategy
sell 1300PE + buy 1240PE with breakeven below 1310 --> very safe strategy
... around 50K premium used get around 2k ---> monthly roi of 4-5% good enough
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Disclaimer
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.