Hi All ,
If jet airways opens around 610 or below , execute following strategy. (if gap up opening of 620 or above don't take this)
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.
Target shown on chart. Let it go in any direction we will make money.
Buy 600 April call @ 38.5
Buy 600 April put @ 21
Options are risky consult your financial adviser before taking any trade.
If jet airways opens around 610 or below , execute following strategy. (if gap up opening of 620 or above don't take this)
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.
Target shown on chart. Let it go in any direction we will make money.
Buy 600 April call @ 38.5
Buy 600 April put @ 21
Options are risky consult your financial adviser before taking any trade.
Comment:
Folks if you havent take this trade , don't try to take it now , Price has gone above 620 zone