I make a call option in Indigo. The contract is 4800-call that expires March. Purchase price is ₹ 65. What is the goal of this trade? Do you recommend to catch up to expiry? – Uger, Thane
Interglob Aviation (4,700.85): The storage is in a dominance since January. After supporting support in 4,000, it started starting up. This is the highest rate of five months of March 7, which is now the highest rate of the highest possible rate.
The chart shows that upttent is intact and it will continue to short period until prices decreases. In disabled, the stock fell to Rs 4,900 before the end of the current expiration.
In terms of the above factors, we suggest possession of 4800-strike call, this is closed in 57.05 last week. Target can be 130.
Recent priced indications have a resistance to the formation of 4,780. So, if the stock does not overcome this level by the end of this week, you can exit the business. Because as expiring, the time of the option is struck and leads to potential loss.
I consider buying a put option in power. Do you rely on the point of view? Which agreement do you recommend? – Sai Adity, Bengaluru
Torrent Power (§ 1,291.20): The stock is a permanent vacant after October last year. When some recovery in March, the last two sessions have been moderate.
The decline in the back of the prevention of a 50-day moving average (DMA) decline in the back of the defense of 1,360. In the past few months, stock has dropped from the price sector between 20 and 50-DMA.
Therefore, the risk of fall seems to be high. However, the price operation and a loss occurs. So, it is good to buy only for short term.
We suggest buy premium for 30.30 last week. Target can be 90. If the target is not hit by this week, exit trade.
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