Derivative strategy for Nifty from Motilal Oswal Securities

Option data suggest incremental addition in 7900 and 8000 Puts

Derivative strategy for Nifty from Motilal Oswal Securities
Sacchitanand Uttekar Mumbai
Last Updated : May 31 2016 | 2:08 AM IST
Mentioned below is the derivative strategy for Nifty:

Option Strategy:

Nifty Strategy: Call Butterfly Spread

Also Read

Buy Jun 8200 CE 1 lot

Sell Jun 8400 CE 2 lots

Buy Jun 8600 CE 1 lot

Target: Rs 12000                    

Stop Loss: Rs 3000

Rationale:
Nifty witnessed strong roll-over to June series. Option data suggest incremental addition in 7900 and 8000 Puts. Unwinding in OTM Calls in June series would augur directional move on higher side. Considering long expiry and positive outlook, Call Butterfly spread is recommended reply.

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.Motilal Oswal Securities Limited is registered under SEBI (Research Analysts) Regulation 2014 SEBI Registration No :-INH000000412. MOSL or its associate might be involved in market making for the subject company or have potential conflict of interest.


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First Published: May 31 2016 | 2:08 AM IST

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