F&O strategies for HDFC, TVS Motor: Shubham Agarwal

Check out a few F&O strategies from Shubham Agarwal of Motilal Oswal Securities

HDFC

Option Strategy : Long Call


BUY NOV 1220 CE SL 4 TGT 25

The stock saw longs after a short covering move. Trading above heavily written 1200 Call strike has opened up the head room up to 1250 for this expiry. Considering minimum days to expiry and lower premium, it is recommended to participate the move with Long 1220 Call.

 
TVS Motor

Option Strategy : CALL RATIO SPREAD

 
BUY  NOV  300 CE

SELL 2 LOTS 310 CE

 
Target Profit: Rs 7000

Stop Loss: Rs 3000

 

TVS motors has been in Long-Long Unwinding cycle. The stock has a hurdle around 300, which could be cleared in this expiry as indicated by initiation of unwinding in 300 Call open interest. This view can be traded with Call Ratio Spread

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.

Shubham Agarwal is a head of Quantitative Research, Motilal Oswal Securities