BSE Sensex (32968.68) and NSE Nifty (10113.70) closed respectively last week.
ASHOKLEY and YESBANK added Open Interest in April series.Huge position was build up at SUZLON April call Option Strike Price 15.00.Good build up was also seen at GMRINFRA call Option Strike Price 20.00.
(1) HERO MOTOCORP (3529) Future-Lot Size 200 shares.
Buy One Lot April Future @ 3529.00 Rs.
Maximum Profit= 3550.00 – 3529.00 = 21*200 = 4200.00 + 10000.00 = 14200.00 Rs.
Buy One Call Option of April Strike Price 300@ 16.00 Rs.
Sell One Call Option of April Strike Price 320@ 7.00 Rs.
Premium Paid = 16*1750 = 28000.00 Rs.
Premium Received = 7*1750 = 12250.00 Rs.
Net Premium Paid = 28000.00 – 12250.00 = 15750.00 Rs.
Maximum Profit = 320.00 – 300.00 = 20.00*1750 = 35000.00 – 15750.00 = 19250.00 Rs.
Maximum Loss = 15750.00 Rs.
(1) APOLLO HOSPITALS(1064.65) Buy this stock in decline and trade.
(2) COLPAL (1056.90) Buy this stock in decline and trade.