Infosys
Closing Price 1376
We observe
- Infy trading in an uptrend channel
- trades near the upper end of the channel around result date and then drops towards the lower end of the channel in the next few weeks
Given the set up:-
one may consider to
- sell Infy 1440 Call option in zone of 25-33 (Closing Price 26.15)
- Buy Infy 1480 Call option in zone of 15-18 (Closing Price 16.3)
Lot size 600
The strategy has a 12% ROI potential and has an inbuilt loss protection for a rise up to 1450 till expiry day
In medium term the stock has the potential to move towards 1620 odd levels
Take care & safe trading!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Closing Price 1376
We observe
- Infy trading in an uptrend channel
- trades near the upper end of the channel around result date and then drops towards the lower end of the channel in the next few weeks
Given the set up:-
one may consider to
- sell Infy 1440 Call option in zone of 25-33 (Closing Price 26.15)
- Buy Infy 1480 Call option in zone of 15-18 (Closing Price 16.3)
Lot size 600
The strategy has a 12% ROI potential and has an inbuilt loss protection for a rise up to 1450 till expiry day
In medium term the stock has the potential to move towards 1620 odd levels
Take care & safe trading!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade active
Infy 1440 Call option CMP 24.80Infy 1480 Call optoin CMP 14.8
We are getting a 10 point gap which was there yesterday...
Trade is active
Take care & safe trading....!!!
Note
Infy Strategy update 1440 Call Option CMP 11.3 ( Sold at 24.80)
1480 Call option CMP 7.3 (bought at 14.80)
Net profit in strategy
600 * 6 = Rs 3600/- pet strategy lot so far
Consider squaring off 1480 Call option and hold on to 1440 Call short position
Happy trading...!!!
Trade closed: target reached
Infy Strategy update1440 Call option ( Recommended selling at 24.80)
CMP 0.75
1480 Call Option ( recommended buying at 14.80)
Squared off at 7.30 after result announcement
Net Profit in strategy
600* [ (24.80-0.75) - (14.80-7.3) ] = Rs 7530/- per lot
The strategy has delivered the desired results
Happy trading...!!!
Related publications
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.
Related publications
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.