The NIFTY has had a nice run up this month and the last. A very simple speculative trade would be a long straddle. The NIFTY closed 2428 so a trade around 2450 levels.
Our straddle will be
Long 1 Lot Nifty 2450 CE @ 55
Long 1 Lot Nifty 2450 PE @ 29
Total cost of about Rs.8400. Last traded price
Lets see how good this trade turns out.
Disclaimer : This is not a trading advise and involves risk. It is just a trade I might put through. Use at your own risk.
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1 comment:
nice posts....keep posting...
it hepls novice like us to gather knowledge..
- Praveen
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