DLF
CMP 243
Observation
- level around 262 represents the Line of Resistance for DLF
Given the set up one may consider the following strategy
- Sell DLF 270 Call Option around 4.8
- Buy DLF 290 Call Option around 1.8
Lot size 3300
Max profit potential in the strategy Rs 9900/
ROI potential - 12.5% on Margin Capital requirement
In built loss protection for a rise in price up to 273 on 28 January 2021
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