Charts indicate the stock is running in to series of resistance levels 382 / 390 / 400 / 408 / 412
Given the set up one may consider to sell LIC HSG FIN 31 Dec 2020 expiry
410 Call option around 5
Max profit potential in the strategy Rs 10000 per lot
Yield potential in strategy is of 4.5% on Margin up to 31 Dec
Risk coverage for a rise in stock price up to 415 has been factored in
Do Hit the Like button or Comment below.
Follow for more such ideas.
Take care & safe trading...!!!
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
LIC HSG FIN 410 Call option
Suggested selling at 5
Current profit 2000* (5-1.4) = Rs 7200/- per lot
Complete profit with minimum risk