Friday, 24 June 2016

STM - 22nd ---- Single side Exit from JUNE 8100 PUT...!

Dear Friends, Good morning

Europe futures is already down by 7 to 8% - due to BREXIT impact...! So, finally there will be a cracker globally ....!  Keeping aside the news , technically NIFTY is not showing that much weakness below 7777 - So if 7777 is not broken with volumes, again there could be a pull back towards 8300 zone, provided rupee gains some strength against dollar.....!

I have just made the exit of JUN 8100 PE at Rs. 160.00.......!

It is a single side exit...! But looking to enter on PUT side again for JULY Expiry - JULY 8000 PE  ..... using the volatility , if possible to the same value in the range of Rs.150+....!


So, Exit made on 8100 JUNE - PUT   & looking for  JULY 8000 PUT very 
keenly...! 

Let us hope for the best...!

Will keep you updated in detail soon...!

Regards,

Rishi

8 comments:

  1. Thanks for the update sir.....

    Om Siva Siva Om.....

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  2. Very good move sir. I think probably with the kind of volatility, you may have to go for JULY 7900 PUT since 8000 PUT becomes In the Money (ITM).

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  3. Thanks & Regards sir.

    Venugopal Marimuthu Mumbai 400088

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  4. Dear Rishi..thanks for the update

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  5. Great exit on Put Rishi Sir. A massive 280 points down in the premarket opening itself... hope the call also is exited in good profit. Waiting eagerly...

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