LARSEN - Lets engineer money - Strategy

LARSEN & TOUBRONSE

Description

⋅ Feb 5, 2018 8:49 AM

Folks ,
Execute following strategy quickly :

Buy 1 lot 1380 call @ 31
Buy 1 lot 1380 put @ 35.5

What say guys larsen wont move up or down by 67 rs in next 10 days ?
you got it , one of option writer is not correct.

Let's see , Don't overleverage and by 10 lots , Just play in 1 lot .

So we will square off if price goes to 1310 or 1450 whichever comes first

Trade closed: target reached

⋅ Feb 6, 2018 4:06 AM

Screamingly book profits .

Right now our put is @72, and call is @ 14

we are making 15 + points on investment of 68 , that is gr8 return in 1 day .

Book profits , exit , exit

Comment

⋅ Feb 6, 2018 4:07 AM

EXIT , Profit is your friend , take him home.

Comments

yclatkar

⋅ Feb 5, 2018 8:55 AM

you are planning to buy, then the profit would start very late isnt it

neneram

⋅ Feb 5, 2018 9:33 AM

@yclatkar,
Yes will need time for profit to show up , bcas our target has to get hit , But since Nifty is volatile , expecting this to be achieved