Jet Airways

JET AIRWAYS
CMP 841

This is a contra trade

if oil is on a rise, it will be cost disadvantage for airline industry...

- at cmp and on rise towards 852 if gets resisted, it will provide a contra trade opportunity where one may look for a fall up to 800-796 levels


Strategy for Jet Airways

One may consider selling Call option January expiry

Strike Price: 860

Lot size 1200

CMP 26

Margin requirement approximately Rs 180000/- per lot

Maximum profit potential of Rs 31200/- (approximately 17% ) per lot if Jet Airways closes any where below 860 on 25-January 2018


Loss protection for rise in spot price up to 886
That's a protection of (886-841)*1200 = Rs 54000/-

We have had 2 good trades with Jet Airways earlier...will we be third time lucky...???
Fingers crossed

Take care & safe trading...!!!

Trade closed: target reached:

Jet Airways
Target of 796 achieved

Current Profitability in Jet Airways Strategy

Jet Airways 860 Call Option
Made a low of 5.65

Profiting more than Rs 24000/- per lot

Consider booking profits as per risk appetite

Tc & Happy trading...!!!