Derivative strategy for Indiabulls Housing Finance from Motilal Oswal Securities

Here is the derivative strategies on Indiabulls Housing Finance from Sacchitanand Uttekar of Motilal Oswal

Derivative strategy for Indiabulls Housing Finance from Motilal Oswal Securities
Sacchitanand Uttekar Mumbai
Last Updated : Oct 14 2016 | 8:37 AM IST
Here is the derivative strategies on Indiabulls Housing Finance from Sacchitanand Uttekar of Motilal Oswal for trade today:

Option Strategy:

Indiabulls Housing Finance Call Ladder Spread
 

Also Read

Buy 840 Oct CE 1 lot
Sell 880 Oct CE 1 lot
Sell 880 Oct CE 1 lot
Target: 14000                                    
SL: 2000   
Hedge: Above 890
 
Rationale:


1. Indiabulls Housing Finance is in long –long unwinding cycle

2. Put accumulation at 820 & 800 PE could act as a vital support

3. Unwinding in 840 CE could see upside momentum picking up

4. Further to take benefit of theta decay, Call Ladder Spread is recommended
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First Published: Oct 14 2016 | 8:35 AM IST

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