Option Letter (for 3rd May 2017)

Trading in Futures carries unlimited risk whereas buying of option can in a worst care scenario wipe your preminum only. This is the reason we prefer buying options to take advantage of derivative trading with limited risk.
The below mentioned trades are on the basis of Technical and Derivative data.
We try to trade in liquid calls and puts so that we are able to exit at the earliest. 
The biggest advantage of options trading is that one does not need to worry of intraday movements. 
We always take our positions of entry and exit  at 9.20 am and after that do not see the market.
Always trade in options of the current month. 
All prices of Call or Puts are updated daily before sending to you. 
Any question do email us back or whatsapp at 9350812493.
                       This newsletter is only for the paid subsribers and if you have recevied this without paying, then you may please delete this letter and report to us at the earliest 

 27th April was the last day of this clrearing, hence we have  quit all the April month options and are holding the options bought of May month


           Recommendations for 3rd May 2017

Taken the position at

Share Name

Lot Size

Type (C/P)

Strike Price

Closing price as on 28th April 2017

on 3rd May at 9.20 am

ONGC 3750 Put 190 3.80

on 3rd May at 9.20 am

NTPC 8000 Call 165 2.80

on 3rd May at 9.20 am

SRTRANSFIN 600 Call 1100 11.90

on 3rd May at 9.20 am

Dabur call 290 4.30

on 3rd May at 9.20 am

Reliance 500 Call 1380 33.60

We are holding below mentioned option.

Open Postions

Taken the position at

Share Name

Lot Size

Type (C/P)

Strike Price

Cost price

Initial invest

Closing price as on 2nd May 2017

Current Investment

Loss/Profit

Remark

26th April Bharata Fin 1000 Put(May) 800 42 42000 38.2 38200 -3800 Hold
26th April IDBI 8000 Put(May) 75 3.3 26400 1.95 15600 -10800 Hold
26th April IFCI 22000 Put(May) 30 1.35 29700 0.55 12100 -17600 Hold
27th Apiorl Tata Motors 1500 Put(May) 450 14.4 21600 11.4 17100 -4500 Hold
2nd May Vedl 3500 Put 240 6.01 21035 7.4 25900 4865 Hold
2nd May Adanient 8000 Call 110 8.95 71600 8.2 65600 -6000 Hold
212335 174500 -37835


We have liquidated below mentioned options
 

Closed Positions

Taken the positions at

Share Name

Lot Size

Type (C/P)

Strike Price

Cost price

Initial invest

Quiting price

Liquidated Investment

Loss/Profit

Remark

on 3rd April at 9.20 am

Bharat Fin 1000 Call 820 35 35000 16.25 16250 -18750 Liquidated the positions on 7th April at 9.20 am

on 3rd April at 9.20 am

Bhel 5000 Call 170 3.80 19000 12.25 61250 42250 Liquidated the positions on 7th April at 9.20 am

on 3rd April at 9.20 am

Infy

500 Call 1000 46.75 23375 24.85 12425 -10950 Liquidated the positions on 10th April at 9.20 am

on 5td April at 9.20 am

DLF

5000 Call 150 4.55 22750 10.15 50750 28000 Liquidated the positions on 7th April at 9.20 am
on 10th April at 9.20 am

Vedanta

3500 Call 260 5 17500 1.45 5075 -12425 Liquidated the positions on 18th April at 9.20 am
on 16th April at 9.20 am

IFCI

22000 Call 30 0.45 9900 .25 5500 -4400 Liquidated the positions on 19th April at 9.20 am
on 17th April at 9.20 am

Hindalco

3500 Call 180 5/35 18725 9.50 33250 14525 Liquidated the positions on 19th April at 9.20 am
on 25th April at 9.20 am

BPCL

12300 Call 720 6.80 8120 20 24000 15840 Liquidated the positions on 26th April at 9.20 am
on 20th April at 9.20 am

Nifty

75 Call 9100 78.40 5880 221 16575 10695 Liquidated the positions on 26th April at 9.20 am
on 11th April at 9.20 am

Rel Cap

1500 Call 630 14 21000 20 24000 15640 Liquidated the positions on 26th April at 9.20 am
3rd April Bharti Artl 1700 Put 340 10.9 18530 0.40 680 -17850 Liquidated the positions on 27th April at 9.20 am
7th April ITC 2400 Call 280 3.35 8040 10.00 24000 15960 Liquidated the positions on 27th April at 9.20 am
18th April Hind Unilvr 600 Call 920 12.4 7440 20.4 12240 4800 Liquidated the positions on 27th April at 9.20 am
19th April BHEL 5000 Call 170 3.35 16750 6.25 31250 14500 Liquidated the positions on 27th April at 9.20 am
20th April SBI 3000 Call 280 7 21000 5.35 16050 -4950 Liquidated the positions on 27th April at 9.20 am
25th Apori Hindalco 3500 Put 190 1.5 5250 0.3 1050 -4200 Liquidated the positions on 27th April at 9.20 am
284457.50 383295 78837.50



For more support do email at neera@crnindia.com or whatsapp at 9350812493.Please mention your name at the end of sms


Disclaimer: Trading in stock markets is risky. Past preformance might not be repeated and we are not responsible for any losses if any.

For any quick email reply please email me at neera@crnindia.com