neneram

LT - just 4 day trade (Directional neutral)

neneram Updated   
NSE:LT   LARSEN & TOUBRO
Hi All,
No naked buy /sell of put/call.

Strategy :

Buy 1300 call march expiry 1 lot@ 18.5
Buy 1300 put march expiry 1lot@10.5

Dont overleverage and buy 5 lots bcas put is available at 11 rs .
Expecting LT to go to target as shown in next 3 days.

Options are risky , consult your financial adviser before taking trade.
Trade closed manually: Screaming exit , Target achieved .
Our put/call pair is trading at 37-38
we are making 7 -8 profit on 30 rs investment , Gr8 return for 1 day .

Exit , Exit , Exit
Trade closed: target reached: Exit , Exit ,Exit

Profit is our best friend in town , take him home.
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