Strategy for today and monday. Trade must be terminated on Monday EOD
No Naked put-call Buy/sell
Buy JAN 1260 Siemens call @ 21-24 range
Sell JAN 1280 Siemens call @ 12-13 range
Don't buy more than 1 lot , You need capital of 1 lakh.
Keep supertrend stoploss of 1256 on closing EOD basis , target 1280 whichever comes first.
This trade must be terminated on Monday EOD , so don't expect million dollars even if you get 4-5 points get out.
Consult your financial adviser before you take options trade , Its highly risky.
Booked out profits of 5 or 6 points as soon as target hit , So on 1 lot profit of 2500/3000 range,
Day was interesting it went down to somewhere around 1256 and in end there was rally till 1300+