 "Derivative strategy for Nifty from Motilal Oswal Securities")
OPTION STRATEGY
Nifty Reverse Iron Condor Spread
Buy July 8100 PE 1lot
Sell July 7900 PE 1 lot
Sell July 8600 CE 1 lot
Target: Rs.6500
Stop Loss: Rs. 3500
Rationale: Nifty data shows option indicative band for July series at 8000-8500. India Vix, volatility Index, The sentiment indicator inch above 18%, indicating expected cautiousness ahead of global event. Considering rising volatility, Hedge strategy, Reverse Iron Condor is recommended.
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.
Sacchitanand Uttekar is an Equity Technical Analyst at Motilal Oswal Securities
Nifty Reverse Iron Condor Spread
Also Read
Buy July 8400 CE 1 lot
Buy July 8100 PE 1lot
Sell July 7900 PE 1 lot
Sell July 8600 CE 1 lot
Target: Rs.6500
Stop Loss: Rs. 3500
Rationale: Nifty data shows option indicative band for July series at 8000-8500. India Vix, volatility Index, The sentiment indicator inch above 18%, indicating expected cautiousness ahead of global event. Considering rising volatility, Hedge strategy, Reverse Iron Condor is recommended.
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.
Sacchitanand Uttekar is an Equity Technical Analyst at Motilal Oswal Securities
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%