Nice Strangle in SRTRANSFIN. 1300-1000.Sriram Transport Finance is moving in a channel since kingdom come. A good strangle. Sell the relevant option when the price nears the band borders.
Strategy!
UPL STRATEGY UPDATEAs you can see I gave a short term holding call on UPL.
Price then : 956-964
Price now : 1040+
Return : 9% (80 points approx / share)
Duration : 1.5 - 2 months Approx
I hope some of you might have earned through my call. Please like and follow, it motivates us.
What are your views? Let me know :)
Thank You, Happy Trading
Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
major breakout in mind treebuy call/put at the money of both side amt need only 12k but it can recover in one day but wait for tomorrow if it not move much buy both the options on Thursday after 11:00 am (the day after tomorrow market holiday)
Expiry Strategy: Sell 370 Call May @3.3 & Buy 380 Call May @ 1.7Trend is continued to be in consolidation phase between 310 and 400 levels. It wanders around 200 day EMA while MACD signals negative bias by staying below zero line. Expect it to stay below nearby resistance level of 370 till this expiry. As election result is on due, would like to adopt spread strategy. Lot size: 2667.
Expiry strategy: Sell 220 call @ 4.6 & Buy 225 call @ 3.4.Trend continue to be negative as 50day EMA below 200day EMA. As well, MACD confirms the downtrend. Recent reversal from 200day EMA signals expiry would below 220.
By considering major event (Election Result) in the upcoming weeks, prefers to execute spread strategy rather using our regular naked strategy.
Expiry strategy: Sell 310 call Apr @ 0.9 & Buy 312 Call Apr@0.3Expect it to expire below 310 where retracement level hovers. Recommend to execute spread strategy.
UPL StrategyOn 1-Hour Chart as well as on 15-30-45m, UPL is making a solid uptrend and Cup and handle pattern.
I would recommend to buy above 963. Could take position intraday or from a week to a month.
What are your views? Let me know :)
Thank You, Happy Trading
Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
Expiry Strategy Apr: Sell 240 Call @ 1.2EMA 50-day and 200-Day signals the bearish trend. Recent reversal from 50-day EMA and MACD confirms the downward trend. In the coming days, the stock would retest the downside level of 200. Expect it to expire below 200-EMA which hovers around 240 level.
Expiry Strategy Apr: Sell 700 Put @ 5.4 & Buy 680 Put @ 2.7Recent bounce back from buying zone which is between 50-day and 200-Day EMA confirms the bullish trend. As well, MACD signals impetus of the existing trend. In the coming days, if any stay above 775 level would take the stock to next upside level comfortably. Expect it to expire above 700 level. Lot size: 1200
BANKNIFTY , bank nifty sell call for 11 march it looks like market is now exhausted, and and likely to fall down at least 50 % of recent total gain. so it's advisable to look for sell opportunity
Expiry Strategy: Sell 290 Put @ 1.5It witnessed a turnaround by finding a breakout from recent consolidation. As well, MACD confirms the trend reversal. Expect it would expire above 290 level for this expiry. Due to low liquidity, advised to execute the transaction by placing a sell order @ 1.5.
Expiry Strategy: Sell 85 Call @ 0.45Recently, the price found a reversal below 200-EMA. MACD confirms the bearish trend. Expect Feb series expiry would below 85.
MONK NEGOTIATES SILVERTRADE SETUP AS PER MONK STRATEGY.
ONE SINGLE TRENDLINE AND THAT IS ALL YOU NEED TO TRADE AS PER PRICE ACTION.
ALL THE BEST
Expiry Strategy: Sell Jan 8000 Call @ CMP 32.Trend continued to be in bearish note. Recent reversal below 100-EMA and breakout below wedge pattern confirms the continuation of downward fall. Expect the price would stay below 8000 level for this expiry.
Yes Bank chart viewYES BANK
CMP 194.20
- The stock is trading between 20 day EMA and 50 day EMA just before result announcement
- in our previous post on Yes Bank when the stock was at similar levels we had suggested that below 190 the stock may fall up to 182 (low made was 181.50) and above 198 there is a strong possibility of stock rising up to 208 (high made thereafter 209.55)
Given the movement of yo-yo trade between 180-210 and current setup of trading between 20 day EMA and 50 day EMA there is a good possibility of Yes Bank continuing its consolidation and closing in the same range of 180-210 in Jan series
- One may consider the following strategy for YES BANK
Short strangle strategy
Sell Yes Bank Jan expiry 210 Call option around 4.5
&
Sell Yes Bank Jan expiry 180 Put option around 4.5
Lot size 1750
Total incoming 1750 *(4.5+4.5) = Rs 15750/-
Maximum profit if Yes Bank is closing anywhere between 180-210
Loss if stock is closing below 171 or above 219 on 31st January 2019
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Take care & safe trading...!!!
A PRO INDICATOR FOR BITMEX/FOREX/STOCK WITH 90% ACCURACYThis indicator is specially made for BITMEX and FOREX.
It will give u automatic BUY/SELL signals.
You can easily take minimum 20% profit daily from bitmex by this indicator.
TO BUY THIS INDICATOR CONTACT US ON TELEGRAM @marianzs Or U CAN ALSO MESSAGE US ON TRADINGVIEW.
OUR TELEGRAM CHANNEL t.me
HINDALCO chart viewHindalco
CMP 210
The stock has made a high of 212.40 so far
Levels mentioned in the chart
Alternatively one may consider selling Hindalco Jan expiry
215 Call Option
around 6.5
Lot size 3500
Max profit potential in the strategy Rs 22750
The strategy has an inbuilt loss protection for rise in stock up to 221.50 on expiry day
Take care & safe trading...!!!
Expiry Strategy: Sell Jan 320 Put @ 2.25. Lot size: 2667Recent crossover above 200-EMA and stay above resistance (plz refer the resistance line in chart) would bring back the positive momentum in the stock. As well, MACD reiterates the same. Expect the stock would find it closing above 320 level for Jan expiry.
Expiry Strategy: Sell 33 Call @ CMP 0.2. Lot size: 13000Recent struggle nearer at 20EMA signals that bears are still hold the control. As well, short term EMA stays below long term EMA confirms the bearish trend in the stock.
Expect it to expiry below 33 level.
YES BANK STRATEGY for December seriesYES BANK
CMP 173
The stock may face resistance around 200 odd levels and could find some support around 160 levels.
Given the setup one may consider the following strategy
Sell
YES BANK 190 CALL OPTION - cmp 8.5
&
YES BAK 150 PUT OPTION -cmp 9
The strategy provides a max profit potential of Rs 30625 on margin requirement of Rs 173000 (depending on your broker) Giving a yield potential of 17.7% till 27 December 2018 expiry
Max profit if stock closes anywhere in between 150 and 190 on 27 Dec 2018
Loss only if stock closes above 207.5 or goes below 132.5 on expiry day.
Take care and safe trading...!!!
Expiry Strategy: Sell Dec 90 Call @ 0.5Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5
Expiry Strategy: Sell Dec 75 Call @ CMP 0.55Outlook: Bearish. Trend is bearish as It continue to stay below 200-day EMA. As well, MACD signals bearishness by heading below zero. Expect this series would be below 72. Suggest to write 75 call @ 0.55.
Yes Bank view: Bearish to sideways...!!!Yes Bank
CMP 193.
Observations
- the stock has fallen more than 50% from the highs of 400 levels seen in Aug 2018
- in its attempts to pullback the stock is making lower tops on daily charts
Strategy
One may consider selling Yes Bank 200 Call option
Lot size 1750
CMP 6.6
At best, The strategy provides max 13.2% profit potential on margin amount of approx RS 87500.
Loss Risk is covered for a rise in stock up to 206.60.
Time period: 29 Nov 2018
Take care and safe trading...!!!
