Step 1 - Out of Money

Havells Spot 594.5

CALL 600 22.65

PUT 590 22.15

CALL CALCULATION

CE 600 22.65
PE 600 27.45

SUM 50.1

EQ 1 (CALL Strike Price + Total Premium) 650.1

EQ 2 (CALL Strike Price - Total Premium) 549.9

BUY Near EQ 2 549.9

Stop Loss : EQ 4 539.25

Free Telegram Link : https://t.me/HarmonicsTraders

Check the Live Updates for this Month in Havells in the below link
https://twitter.com/HarmonicsT/status/1046966012644601856

Oct Month Low is Dot 549.9 and bounced up till 623 !

Step 2 - In the Money
Havells Spot 594.5

CALL 590 28.6

PUT 600 27.45

PUT CALCULATION

CE 590 28.6
PE 590 22.15

50.75

EQ 3 (PUT Strike Price + Total Premium) 640.75

EQ 4 (PUT Strike Price - Total Premium) 539.25

Sell Near EQ 3 640.75

Stop Loss : EQ 1 650.1