ONGC Option Strategies

• ongc
  

 
 

Write / Short 1500 call above 30

Write / Short 1350 put around 27

 Total 60 point

Lot Size 250 

Stop Loss

Upper side if cross 1550

Lower Side if goes below 1290

 
 

Return

In October Month Expiry I expect broad range of lower side 1270 to upper side 1550 level so try to eat all Time Value of this Call option & Put Option so profit around 10% to 15% (including brokerage) investment around 55K

 

 

 
 

Remember:-

 
 

Trade in Option is very risky so trade with stop loss 

(it's your money honey)