Siemens strategy

Hi ,
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.

Jan 19
Trade closed: target reached: Close the trade , target achieved
Jan 19
Comment: Exit folks , exit
Hi could you please post P/L in points for 1 lot for this position ?
neneram turtlemove
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+
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out