Covered Put in Apollo Hosp (CMP 5040) for premium of Rs 158

Discussion in 'Traders Corner' started by Michael Gonsalves, Aug 8, 2023.

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  1. Michael Gonsalves

    Michael Gonsalves Member Staff Member

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    Sanjiv Bhasin says Apollo Hosp (CMP 5040) is expected to report good results on 11/8 & its price will be Rs 5400 by next week end. Taking cue from this, some traders have sold 5000PE for Rs 158. If Bhasin is right, the trader profits. Otherwise, delivery will be taken at Rs 4842

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    Michael Gonsalves, Aug 8, 2023
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