M a x x O p t i o n s

10/11/2020

19/05/2020

Sales Manager required to look after our institutional sales. Job requires field work and extensive travelling. Prior experience in sales required.

29/04/2020

Buy GNFC @149.2
Target1: 153.9
Target2: 157.4

SL: 143.8

29/04/2020

Edit 29Apr20: Target achieved. Profit Rs 5400 on one lot.

Buy BOB 30Apr20 CE 47.5
@ 1.4

Target: 2.4

Stop loss: 0.4

27/04/2020

Buy Nifty 30Apr20 PE 9200 @ 96.0

Target1: 114.0
Target2: 128.0

(Disclaimer: Option calls are high risk calls. Keep stop loss as per your risk taking capacity)

27/04/2020

Edit: Target Achieved. Profit on 1lot is Rs. 9600

Buy SBI 28May20 Future @ 181.2
(Only if derivative moves beyond 181)

Target: 184.4

Stop loss: 178.8

24/04/2020

Total profit on call Rs.4775

Edit2: Second target achieved.

Edit1: First target achieved. Trail stop loss to buy price.

Buy 2 Lots Nifty 30Apr20 9200 PE @ 175.0

Target1: 198.0
Target2: 215.0

23/04/2020

Buy Nifty 30Apr20 9000 PE @ 126.6

Target: 159.4

23/04/2020

Edit:
Closing prices
9200 call 113
9400 call 0

Total gain = Rs.5452
1 lot 9200 call 113-72= 41×75=3075
2 lot 9400 call = 15.85×150= 2377.5

Option Strategy

Bull Call Spread

Buy 1 Call @ Strike Price 9200 Nifty and Sell 2 Call 9400.

After yesterday's gain still some upside seems to be left. Mostly because of the upcoming cabinet meeting on stimulus plan and Dow futures rising. But uncertainty due to rising coronavirus cases and oil prices will keep upside limited hopefully below 9400. Any limited upside move will be reflected in rising call price of 9200 strike.

If however nifty loses steam to move back towards 9100, losses will be limited as you gain full premium of 9400 strike price calls. Further increaese in profits or reduction in losses is dependent upon when you prefer to cut 9200 call.

22/04/2020

Profit: Rs.5,500 in 2 lots intra-day.

EDIT2: SECOND TARGET ACHIEVED!
EDIT1: FIRST TARGET ACHIEVED!

Buy Reliance 30Apr20 PE 1320 @ 56.2

Target1: 59.4
Target2: 64.0

Sell one lot on achieving target one. Trail stop loss to buy price.

21/04/2020

Sell Vedanta Fut 30Apr20 @ 74.8

Target: 73.6
Stop loss: 76.8

Edit: Target Achieved. Profit Rs. 4200 in one lot

20/04/2020

Positional Call
Buy Tata Motors @83.5
Target: 91.8
SL: 77.4

Edit: Stop loss triggerred