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Free Nifty Option Tips for Tomorrow 8th August 2017

New Strategies for Nifty: 

Strategy created on 07-Aug-2017:

Sell 1 LOT of Nifty 31 Aug 2017 Expiry 10,000 PUT Option @ 70

Sell 1 LOT of Nifty 31 Jul 2017 Expiry 10,200 CALL Option @ 55

Holding Period: Till Next 10-15 Days

What is the logic behind this trade?

Total premium inflow for this strategy is Rs.125 and traders can continue to hold the position for target of Rs.50 with stop loss of Rs.150. The risk-reward ratio of this trade translates to 1:3. Maximum profit in this trade will be 125 points if nifty closes between 10,000 and 10,200 and loss of trade will start be when nifty closes below 9875 or nifty trades above 10,325.

We are seeing range bound movement in the nifty with positive bias.

Open Strategies for Nifty: 

Strategy created on 26-Jul-2017:

Buy 1 LOT of Nifty 31 Aug 2017 Expiry 10,000 CALL Option @ 160

Sell 2 LOTs of Nifty 31 Jul 2017 Expiry 10,300 CALL Option @ 35

Holding Period: Till August Expiry

What is the logic behind this trade?

Total premium out flow for this strategy is Rs.90 and traders can continue to hold the position for target of Rs. 200 with stop loss of Rs.20. The risk-reward ratio of this trade translates to 1:1.57. Maximum profit in this trade will be 300 if nifty closes exactly at 10,300 and loss of trade will start be when nifty closes below 10,090 or nifty trades above 10,510.

Current Status:  The strategy is gaining by 12.35 points (i.e profit of Rs 926.35).

One can continue to hold on to the positions as expected we are able to see the rebound in the market.

Click here to see the nifty view for tomorrow…!

Jun Month Nifty Strategies Performance:

Month Jun 2017
No of trades Only 3
Total Points Gained  325 Points Gained
Total Profit Rs 24,375

Click here to view the gold rates today

Disclaimer – No Author at myfinanicalZone.com is registered with SEBI or any regulating authority as a Research Analyst or an Investment Adviser. Please Consult Your Investment Adviser before making any Investment/Trading decisions based on content posted in this Website. Here we write only what we do and all information posted in this website is for Educational purpose only

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