 "Derivative strategy on LIC Housing Finance by MOSL")
Derivative strategy on LIC Housing Finance by Chandan Taparia, Derivative and Technical Analyst & PFA at MOSL
Option Strategy:
LIC HOUSING FINANCE: Bull Call Spread
Buy 580 Mar CE 1 lot
Sell 600 Mar CE 1 lot
Rationale:
1. LIC Housing Finance had witnessed accumulation in OI in past few trading session
2. Option activity shows highest concentration in 580 CE and 560 PE
3. Unwinding in 560 CE could lead to option trigger boosting the momentum
4. Thus Bull Call Spread is recommended
Target: 8,000
Stop Loss: 3,500
Disclaimer: Motilal Oswal Securities
Option Strategy:
LIC HOUSING FINANCE: Bull Call Spread
Buy 580 Mar CE 1 lot
Sell 600 Mar CE 1 lot
Rationale:
1. LIC Housing Finance had witnessed accumulation in OI in past few trading session
2. Option activity shows highest concentration in 580 CE and 560 PE
3. Unwinding in 560 CE could lead to option trigger boosting the momentum
4. Thus Bull Call Spread is recommended
Target: 8,000
Stop Loss: 3,500
Disclaimer: Motilal Oswal Securities
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