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Thunder918
Sep 5, 2021 12:02 PM

settup alerts for longs ? Long

PFIZER LTDNSE

Description

major movementts seen across sectors.
pfizer would be my bet for next 1/2 weeks positional trade.
buy a future lot with married put option(atm) or near otm

Trade closed: stop reached

Comments
Novaturient2021
I have taken 6100 ce at 190 and holding do suggest what shd i do
Thunder918
@Novaturient2021, this is one counter where volumes are generally on the lower side. even on the future and options, there is not much liquidity. so i would rather suggest to buy a. ITM option as the deacy value is much loweer in it. this counter is expected to give upwards movement, but not before 5-10 days. so save your time decay and either get into a 6000 ce or make an option startegy by selling 6200 or above ce.

small consistent gains coumpound your earnings much faster than occasional high on adrenaline trades
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