Reliance Infra strategy (For office going people)
Updated
Hi All ,
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 440 May call @ 22
Buy 440 May put @ 19
Execute folks , execute.
Options are risky consult your financial adviser before taking any trade.
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 440 May call @ 22
Buy 440 May put @ 19
Execute folks , execute.
Options are risky consult your financial adviser before taking any trade.
Note
Any reason you don't want to book profit , Screaming Book profits.440 May put is at 49 rs and call at 4.5 , net profit 12+ proints.
Lot size is 1300 , Do the maths 12 *1300 = 15600 .
Enjoy , Exit , Exit , Exit
Trade closed: target reached
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