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F&O strategies for HDFC Bank, Crompton Greaves: Shubham Agarwal

Check out a few F&O strategies from Shubham Agarwal of Motilal Oswal Securities

F&O strategies for HDFC Bank, Crompton Greaves: Shubham Agarwal
Shubham Agarwal Mumbai
Last Updated : Oct 20 2015 | 12:09 AM IST
HDFC BANK

Option Strategy:  Long Call


BUY 1 LOT 1100 CE

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Target Profit : Rs 40

Stop loss : Rs 8


 

Rationale: The stock is in a Long-Long Unwinding cycle. Trading above 1100 Call could open up fresh headroom. Since sustaining above 1100 could trigger a quick move, it makes sense to trade with a Long Call

 

CROMPTON GREAVES

Option Strategy : Long Call Butterfly

 

Buy 195 CE

Sell 2 Lots 200 CE

Buy 205 CE

Target Profit: Rs 3000

Stop Loss: Rs 1000


Rationale: Stock is in Within Long-Log unwinding cycle, supporting the positive outlook. Recent move has opened up headroom up to 200 for this expiry. Considering the truncated week & the move already in place, Call Butterfly should be deployed

 
Disclaimer: Motilal Oswal Securities ( MOSL ) is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities. MOSL is in the process of getting registered under SEBI - Research Analyst Regulations. MOSL, the spokesperson or his relatives, do not have financial interest in the securities mentioned above. The spokesperson has not served as a director, employee or officer at the subject company in the last 12 months. MOSL or its associate might be involved in market making for the subject company or have potential conflict of interest. Shubham Agarwal is a head of Quantitative Research, Motilal Oswal Securities.

Shubham Agarwal is a head of Quantitative Research, Motilal Oswal Securities

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First Published: Oct 20 2015 | 12:09 AM IST

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