 "F&O strategies for TVS Motor, Coal India: Shubham Agarwal")
TVS MOTOR
Strategy : Long Call Butterfly
Target Profit: Rs 9,200
Stop Loss: Rs 4,000
Rationale: The stock has added lot of Longs in last expiry. Current option standing indicates, post a big move the stock could consolidate within Rs 260-270 before further movement. Possible consolidation and big move above Rs 270 could be capitalized via Long Call Butterfly
Coal India
Strategy : Bear Put Spread
BUY 310 PE
SELL 300 PE
Target Profit : Rs 5,500
Stop loss : Rs 2,500
Rationale: The Stock has a lot of trapped Longs, which could create unwinding pressure.
Coal India is already trading below the heaviest.Put and lack of writing in lower strikes keeps the downside wide open. Considering the low volatility and full expiry ahead Bear Put Spread suits best to trade the view.
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
Strategy : Long Call Butterfly
Also Read
BUY 1 LOT 280 CE , SELL 2 LOTS 290 CE, BUY 1 LOT 300 CE
Target Profit: Rs 9,200
Stop Loss: Rs 4,000
Rationale: The stock has added lot of Longs in last expiry. Current option standing indicates, post a big move the stock could consolidate within Rs 260-270 before further movement. Possible consolidation and big move above Rs 270 could be capitalized via Long Call Butterfly
Coal India
Strategy : Bear Put Spread
BUY 310 PE
SELL 300 PE
Target Profit : Rs 5,500
Stop loss : Rs 2,500
Rationale: The Stock has a lot of trapped Longs, which could create unwinding pressure.
Coal India is already trading below the heaviest.Put and lack of writing in lower strikes keeps the downside wide open. Considering the low volatility and full expiry ahead Bear Put Spread suits best to trade the view.
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
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%