Nifty Option Strategy for the November series by IIFL

Discussion in 'Stock Advisory Services' started by Arjun, Nov 11, 2020.

  1. Arjun

    Arjun Chief Executive Officer (CEO) Staff Member

    Mar 19, 2015
    Likes Received:
    IIFL Securities has recommended a new Idea for November series of Nifty Options that you can benefit from:

    A. Sell 1 lot of Nifty 12,000PE @ Rs 48 & Buy 1 lot of Nifty 11,700PE @ Rs 24.

    B. Sell 1 lot of Nifty 13,300CE @ Rs 40 & Buy 1 lot of Nifty 13,600CE @ Rs 14


    · Total Premium that would be received: Rs 50

    · Stop Loss: Rs 100

    · Target Price: Rs 1

    This is a short gamma spread, that is, a price movement within the selling strike prices would yield a positive payoff. If the strategy is followed, you will stand to gain if Nifty expires below 13,350, or subsequently above 11,950.

    Expiry Date: November 26, 2020.

    Previous Recommendations:

    IIFL's clients have regularly benefited from Idea2Act strategies, which has a strike rate of 94%!!
    16 out of the past 17 recommendations have been positive and 1 open call.

    Date Strategy P&L Amount Pos / Neg
    7-May-20 Option strategy to ride the current volatility 13,500 Pos
    11-May-20 Eicher Motors - Trading strategy 10,200 Pos
    1-Jun-20 Nifty / Banknifty - Positional Trading strategy 2,850 Pos
    3-Jun-20 HUL - Trading strategy 6,000 Pos
    8-Jun-20 Bank Nifty - Positional Trading strategy 1,200 Pos
    15-Jun-20 Bank of Baroda - Trading strategy 5,400 Pos
    1-Jul-20 Nifty - Positional Trading strategy 8,625 Pos
    3-Jul-20 LIC Housing Finance - Trading strategy 14,000 Pos
    10-Jul-20 Bank Nifty option strategy for July series 3,100 Pos
    3-Aug-20 Nifty/Bank Nifty strategy for August Expiry 3,200 Pos
    10-Aug-20 Bank Nifty - Option strategy for August series 2,060 Pos
    11-Aug-20 Bharti Infratel - Option strategy (12,600) Neg
    28-Aug-20 Nifty - Option strategy for September series 4,090 Pos
    15-Sep-20 Bank Nifty - Option strategy for September series 4,080 Pos
    16-Sep-20 Mah & Mah - Trading strategy 8,190 Pos
    6-Oct-20 Bank Nifty Option strategy for the October series 4,400 Pos
    29-Oct-20 Nifty Option Strategy ahead of the US Election Results 6,000 Pos
    9-Nov-20 Bank Nifty Option Strategy for the November series

    Attached Files: