Derivative strategy on Nifty from Shubham Agarwal
Mentioned below is the derivative strategy on Nifty
 "Derivative strategy on Nifty from Shubham Agarwal")
Option Strategy: NIFTY Ratio Call Spread
Buy Mar 7500 CE 1 lot Sell Mar 7700 CE 2 lots
Target: Rs 8200
Rationale:
Upward shift in option indicated band with unwinding in calls in the early part of the expiry augurs well for up move to remain intact
Lower end 7200 and 7000 Puts remains strong support
In case of up move, Volatility Index is expected to further cool-off. To take advantage of falling volatility, Call Ratio Spread 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.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.
Shubham Agarwal is a head of Quantitative Research, Motilal Oswal Securities
Buy Mar 7500 CE 1 lot Sell Mar 7700 CE 2 lots
Target: Rs 8200
Also Read
Stop Loss : Rs 2400
Rationale:
Upward shift in option indicated band with unwinding in calls in the early part of the expiry augurs well for up move to remain intact
Lower end 7200 and 7000 Puts remains strong support
In case of up move, Volatility Index is expected to further cool-off. To take advantage of falling volatility, Call Ratio Spread 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.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.
Shubham Agarwal is a head of Quantitative Research, Motilal Oswal Securities