Infosys from 29 may 2021
The stock is in tight range both side movement possible ... range 1380 - 1420
The upside has a target of 1450
infy can be bought if come down to 1350 ( good support zone )
simple option strategy
sell 1300PE + buy 1240PE with breakeven below 1310 --> very safe strategy
... around 50K premium used get around 2k ---> monthly roi of 4-5% good enough
The upside has a target of 1450
infy can be bought if come down to 1350 ( good support zone )
simple option strategy
sell 1300PE + buy 1240PE with breakeven below 1310 --> very safe strategy
... around 50K premium used get around 2k ---> monthly roi of 4-5% good enough
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