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Hedging with Equities & Derivaties for Monthly Income |
TLS2010
White Belt
Joined: 30 Nov 2010
Posts: 37
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Post: #16  Posted: Thu Dec 24, 2015 8:07 am Post subject: Watch DrReddy |
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| Dr Reddy Chart and Option data seem to show bullish under current. I am expecting a good 200-400 points run up for Dr.Reddy stock from the current levels of 3000 towards first target of 3240 and second target of 3450-3490 in the coming days. |
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chitrgupt
White Belt
Joined: 20 Feb 2015
Posts: 10
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| Post: #17 Posted: Thu Dec 24, 2015 12:30 pm Post subject: Re: Watch DrReddy |
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TSL,
How to trade DRL...Options with hedging or Naked Futures
| TLS2010 wrote: | | Dr Reddy Chart and Option data seem to show bullish under current. I am expecting a good 200-400 points run up for Dr.Reddy stock from the current levels of 3000 towards first target of 3240 and second target of 3450-3490 in the coming days. |
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TLS2010
White Belt
Joined: 30 Nov 2010
Posts: 37
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| Post: #18 Posted: Fri Dec 25, 2015 8:37 pm Post subject: |
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Hi,
Have a look at the Dec and Jan option series of DRL.....Jan Series shows the ground work getting ready for the bullish run up. Dec series also has seen open interest build up and closing at strikes that are 200-400 points away from current market price. These numbers suggest that the stock needs to be watched closely.
You can trade Futures or write put. but since we need to hedge keep in mind that the stock is likely to show 200 to 400 points move...hence use your judegment to atleast sell 300 points from current market price which will give you anywhere between 2% to 10% ROI.
Happy Trading !!! |
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ninjadude
White Belt
Joined: 29 Jan 2013
Posts: 128
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| Post: #19 Posted: Fri Jan 01, 2016 2:23 am Post subject: |
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BELATED MERRY CHRISTMAS AND A HAPPY , PROSPEROUS NEW TRADING YEAR 2016 TO ALL THE TRADERS HERE
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