Sun Pharma cheap Drug at 630
Hi All,
NO naked buy/sell of call /put options, no over leverage.
Following strategy :
Buy 640 call @ 16.5 , 1lot
Sell 660 call @ 10 , 1lot
Lot size is 1100 , Total risk is 1100 * 6.5 = 7k approx
Let it run , any close above 650 we will book profit , we will get out i.e stop loss would be EOD close below 600
Expected profit is 5-12 rs , Don't expect 5 lakh from one trade , No overleverage , no naked buy /sell
ps : consult your financial adviser , capital loss risk involved
NO naked buy/sell of call /put options, no over leverage.
Following strategy :
Buy 640 call @ 16.5 , 1lot
Sell 660 call @ 10 , 1lot
Lot size is 1100 , Total risk is 1100 * 6.5 = 7k approx
Let it run , any close above 650 we will book profit , we will get out i.e stop loss would be EOD close below 600
Expected profit is 5-12 rs , Don't expect 5 lakh from one trade , No overleverage , no naked buy /sell
ps : consult your financial adviser , capital loss risk involved
Trade closed: target reached
Folks target reached , start booking profits , Book out 640 call @ 26.5
660 call @ 16
Profit of 4.5 rs , screaming Book out , Take profit home
Trade closed manually
Book out Profits, Last call
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.