Business Standard

Markets could take a breather: Shshank Mehta

Check out the F&O trends in select stocks with Shshank Mehta, Independent Derivative Analyst

Image

Tulemino Antao Mumbai
Check out the F&O trends in select stocks such as Maruti, DLF, Sesa Sterlite, Gail, Jindal Steel, Wipro with Shshank Mehta, Independent Derivative Analyst



SmartInvestor : Markets are trading near their record highs as of now. The Nifty continues to hold 7,700 levels. What strategy can traders adopt for July options?
    
Shshank Mehta : Consider selling 1 Put Option at 7700 strike; 1 Call Option at 7750 strike and buy 2 Put Options at 7650 strike. The spread will yield normal profit if Nifty trades stable to lower and can give super normal profits in the event of a major fall or correction.
      
SmartInvestor : Maruti is active in the options segment today. What is your strategy for the auto major for July options?
    
Shshank Mehta : Consider buying 1 Call Option at 2700 strike and selling 1 Call Option at 2850 strike. Bull spreads are always a prudent option in rallied-up markets. My view on MARUTI will remain bullish till it does close below 2425.
  
SmartInvestor : DLF is also witnessing action in the options segment today. What is your strategy for the real estate major for July options?
    
For detail transcript please CLICK HERE

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 02 2014 | 2:35 PM IST

Explore News