State bank of India

Now SBI is trading at 2290 for this we are taking strangle strategy that means we
should buy both call option and put option at equal distance of the trading price. Here we are
taking 2200 as a put option and 2350 as a call option. The share is in bullish pattern it is
having resistance at 2350 if it crosses 2350 it will go up to 2520.
STRANGLE
SBIN (call 2350 @ 57.5 , put 2200 @ 62.75):
SBI
2000
2100
2200
2300
2400
2500

strike
c.f
Cost
strike
C.f
cost
total
lot
pice
put
price
P/L
price
call
price
P/L
P/L
size P/L
2200
200
62.75 137.3
2350
0
57.5 -57.5
79.75 125
9968.75
2200
100
62.75 37.25
2350
0
57.5 -57.5
-20.25 125
-2531.25
2200
0
62.75 -62.8
2350
0
57.5 -57.5 -120.25 125
-15031.25
2200
0
62.75 -62.8
2350
0
57.5 -57.5 -120.25 125
-15031.25
2200
0
62.75 -62.8
2350
50
57.5
-7.5
-70.25 125
-8781.25
2200
0
62.75 -62.8
2350
150
57.5
92.5
29.75 125
3718.75

For nifty we are taking Straddle strategy means at the same strike price we are buying
both call and put options why we are taking this strategy means we are believing that nifty
will move upside or downside it will not stay at the same point that is we are taking at 5900
call and put options. If it crosses 5940 it will go up to 6110.
STRADDLE
Nifty (call 5900 @93.8 , put 5900 @ 91.25):
strike
c.f
Cost
strike
C.f
cost
Nifty
pice
call
price
P/L
price
put
price
5500
5900
0
93.8 -93.8
5900
400
91.25
5600
5900
0
93.8 -93.8
5900
300
91.25
5700
5900
0
93.8 -93.8
5900
200
91.25
5800
5900
0
93.8 -93.8
5900
100
91.25
5900
5900
0
93.8 -93.8
5900
0
91.25
6000
5900
100
93.8
6.2
5900
0
91.25
6100
5900
200
93.8 106.2
5900
0
91.25

total
lot
P/L
P/L
size P/L
308.75
214.95
50
10747.5
208.75
114.95
50
5747.5
108.75
14.95
50
747.5
8.75
-85.05
50
-4252.5
-91.25 -185.05
50
-9252.5
-91.25
-85.05
50
-4252.5
-91.25
14.95
50
747.5

Bank Nifty

For bank nifty we are following short call strategy now bank nifty is in bullish trend
only but it is having strong resistance at 12800 if it crosses 12800 it will go up to 13200 if it
breaks it will come down up to 12200. So that we should minimize our risk if we follow this
one there will be no risk at any movement we are getting profits only.
sell bank nifty (call 13000 @142.25 ):(SHORT CALL)

Bank
strike
c.f
Cost
Nifty
pice
call
price
12500
13000
0
142.25
12600
13000
0
142.25
12700
13000
0
142.25
12800
13000
0
142.25
12900
13000
0
142.25
13000
13000
0
142.25
13100
13000
100
142.25

P/L
lot size
142.3
25
142.3
25
142.3
25
142.3
25
142.3
25
142.3
25
42.25
25

P/L
3556.3
3556.3
3556.3
3556.3
3556.3
3556.3
1056.3

Tata steel

Now Tata steel is trading at 304 it is in bearish pattern we should go for put option only.
buy tata steel (put 300 @8.8) ( Naked call)
Tata
strike
Cost
steel
pice
c.f put
price
P/L
lot size P/L
270
300
30
8.8
21.2
500
10600
280
300
20
8.8
11.2
500
5600
290
300
10
8.8
1.2
500
600
300
300
0
8.8
-8.8
500
-4400
310
300
0
8.8
-8.8
500
-4400

Hindalco

If we look at the chart pattern it is bullish trend only it is having resistance at 100 if it
breaks this point this will go up to 105 if it breaks 105 also it will 115 probability of moving
towords bullish is more thats why we are going directly to the call option.
Hindalco C.M.P 98.7, (sell call 102.5 at 2.7)
Hindalco strike pice
90
102.5
100
102.5
110
102.5

c.f
call
0
0
7.5

120

102.5

17.5

130

102.5

27.5

Cost
price

P/L lot size

P/L
2.7
2000 5400
2.7
2000 5400
-4.8
2000 -9600
2.7 14.8
2000 29600
2.7 24.8
2000 49600
2.7
2.7
2.7

WIPRO

Wipro is in bearish trend only if we look at the chart if we look at the chart lot of sell
volumes are there in order to minimize our risk we are going to sell put option of wipro. It is
having a strong support at 330. It took the support may be it will come to bullish position.
Wipro C.M.P:342.7,Sell put 320 at 3.45 (Short put)
strike
Wipro
pice
C.F
300
320
310
320
320
320
330
320
340
320

20
10
0
0
0

Prem
rece
P/L
lot size P/L
3.45
-16.55
500
-8275
3.45
-6.55
500
-3275
3.45
3.45
500
1725
3.45
3.45
500
1725
3.45
3.45
500
1725

Bharti Airtel

According to chart pattern it is bullish trend it may go up to 340 at 340 we have strong
resistance. In order to minimise our risk we are selling in the money call option and buying
out of the money call option here profit is fixed. The investment is low in this case.
Bear call spread
Bharti Airtel C.M.P: 318.4, (sell 320 call at 13.5 and buy 340 call at 6.4)
C.F
strike
C.F
cost
total
lot
Airtel
strike pice call
PRE Rec P/L price
call
price
P/L
P/L
size P/L
300
320
0
13.5 13.5
340
0
6.4
-6.4
7.1 1000
7100
310
320
0
13.5 13.5
340
0
6.4
-6.4
7.1 1000
7100
320
320
0
13.5 13.5
340
0
6.4
-6.4
7.1 1000
7100
330
320
10
13.5
3.5
340
0
6.4
-6.4
-2.9 1000
-2900
340
320
20
13.5 -6.5
340
0
6.4
-6.4
-12.9 1000
-12900

Reliance Industries Limited

Acording to RSI and MACD it in the sell zone it is having strong resistance at
815. If it crosses 815 it will to buy position. Now it is trading at 793 may it will go up to 815.
If it crosses 815 it may go up to 850.
Bull call spread
RIL C.M.P : 793.5, (buy 800 call @ 16.25 and sell 840 call @ 5.65)
RIL
790
800
810
820
830
840
850

c.f
Cost
strike pice call
price
800
0
16.25
800
0
16.25
800
10
16.25
800
20
16.25
800
30
16.25
800
40
16.25
800
50
16.25

P/L
-16.3
-16.3
-6.25
3.75
13.75
23.75
33.75

strike
price

C.f
call
840
840
840
840
840
840
840

0
0
0
0
0
0
10

prem
total
lot
rece
P/L
P/L
size P/L
5.65
5.65
-10.6 250
-2650
5.65
5.65
-10.6 250
-2650
5.65
5.65
-0.6 250
-150
5.65
5.65
9.4 250
2350
5.65
5.65
19.4 250
4850
5.65
5.65
29.4 250
7350
5.65 -4.35
29.4 250
7350

Reliance capital

Reliance is in bullish trend it is expected to grow up to 375. MACD and RSI

indications also telling that it is in bullish trend. For the purpose of getting maximum profit
we are going for selling and buying of put options.
Bull put spread
Rel cap C.M.P : 357.25, (sell 360 put at 18.6 and buy 330 put at 7.75)
c.f
prem
strike
C.f
prem
total
lot
Relcap
strike pice put
rec
P/L price
put
rece
P/L
P/L
size P/L
340
360
20
18.6 -1.4
330
0
7.75
7.75
6.35 500
3175
350
360
10
18.6
8.6
330
0
7.75
7.75
16.35 500
8175
360
360
0
18.6 18.6
330
0
7.75
7.75
26.35 500
13175
370
360
0
18.6 18.6
330
0
7.75
7.75
26.35 500
13175
380
360
0
18.6 18.6
330
0
7.75
7.75
26.35 500
13175

DLF

DLF is in bearish pattern it is expected to fall up to 330. To minimise the risk we are
selling and buying put options at a different strike prices.
Bear put spread
DLF C.M.P : 241.55, (buy 240 put @ 13.5 and sell 220 put @ 4.25)
c.f
cost
strike
C.f
prem
total
nifty
strike pice put
price
P/L price
put
rece
P/L
P/L
210
240
30
13.5 16.5
220
10
4.25 -5.75
10.75
220
240
20
13.5
6.5
220
0
4.25
4.25
10.75
230
240
10
13.5 -3.5
220
0
4.25
4.25
0.75
240
240
0
13.5 13.5
220
0
4.25
4.25
-9.25

lot
size P/L
1000
10750
1000
10750
1000
750
1000

-9250

250

240

13.5

13.5

220

4.25

4.25

-9.25 1000

-9250

L&T

L&T is in bullish trend all the indicators like MACD and RSI are telling it is in buy
position if it breaks at 1550 it may go up to 1610. To get maximum profit we are selling put
option buying call option.
Long combo
L&T C.M.P : 1529, (buy 1550 call @ 48.3 sell 1450 put @ 21.6)
L&T

c.f
strike pice call

cost
price

1530

1530

48.3

1550

1550

48.3

1570
1590
1610

1550
1550
1550

20
40
60

48.3
48.3
48.3

P/L
48.3
48.3
28.3
-8.3
11.7

strike
price

C.f
put

prem
rece

P/L

total
P/L

lot
size

P/L

1450

21.6

21.6

-26.7 1000

-26700

1450

21.6

21.6

-26.7 1000

-26700

1450
1450
1450

0
0
0

21.6
21.6
21.6

21.6
21.6
21.6

-6.7 1000
13.3 1000
33.3 1000

-6700
13300
33300

1630

1550

80

48.3

31.7

1450

21.6

21.6

53.3 1000

53300

IDFC

IDFC is in bullish pattern all the indicators are showing positive way we are buying
put option selling call option out of the money so that we can reduce the risk.
Short combo
IDFC C.M.P : 157.05, (sell 160 call @ 5.7 buy 155 put @ 5.6)
strike
c.f
strike
C.f
cost
total
lot
IDFC
price
call
pre rec P/L price
put
price
P/L
P/L
size P/L
135
160
0
5.7
5.7
155
20
5.6
14.4
20.1 2000
40200
140
160
0
5.7
5.7
155
15
5.6
9.4
15.1 2000
30200
145
160
0
5.7
5.7
155
10
5.6
4.4
10.1 2000
20200
150
160
0
5.7
5.7
155
5
5.6
-0.6
5.1 2000
10200
155
160
0
5.7
5.7
155
0
5.6
-5.6
0.1 2000
200

160

160

5.7

5.7

155

5.6

-5.6

0.1 2000

200