YES BANK STRATEGY for December series

Actualizado
YES BANK
CMP 173

The stock may face resistance around 200 odd levels and could find some support around 160 levels.

Given the setup one may consider the following strategy

Sell

YES BANK 190 CALL OPTION - cmp 8.5

&

YES BAK 150 PUT OPTION -cmp 9

The strategy provides a max profit potential of Rs 30625 on margin requirement of Rs 173000 (depending on your broker) Giving a yield potential of 17.7% till 27 December 2018 expiry

Max profit if stock closes anywhere in between 150 and 190 on 27 Dec 2018
Loss only if stock closes above 207.5 or goes below 132.5 on expiry day.


Take care and safe trading...!!!

Operación activa
Yes bank
CMP 176

Strategy update
190 call option CMP 9.5
150 put option CMP 5.1

Total profit so far...

1750*(17.5-14.6) = RS 5075

Take care and happy trading...!!!
Operación activa
Yes Bank Strategy update

190 Call option 7.25
150 Put option 6.25

Total profit so far

1750*(17.5-13.5) = Rs 7000

Take care and happy trading...!!!
Operación cerrada: objetivo alcanzado
Yes Bank strategy update

At the beginning of the December month we had recommended a short strangle strategy for Yes Bank.

Despite all the drama surrounding Yes Bank, RBI and global concerns the strategy worked to perfection and yielded the desired results

190 Call option 0.20
150 Put option 0.05

Total profit in the strategy

1750*(17.5-0.25) = ₹ 30187.50

Consider booking profits...

Take care and enjoy!!!
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