Aurobindo Pharma is about to Break Ascending Triangle + Expiry is Approaching
1. Long if Auropharma closes above 770 with 750 as stoploss
2. Sell options for Theta Decay as 11 days left for Expiry
3. Conservative Trader Sell 700 PE @ 3.55 .... 3.55*800=2840 profit if Auropharma Expires above 700
4. Conservative Trader Sell 820 CE @ 4.35 .... 4.35*800=3480 profit if Auropharma Expires Below 820
5. Aggressive Trader Sell 720 PE @ 6.85 .... 6.85*800=5480 profit if Auropharma Expires above 720
6. Aggressive Trader Sell 800 CE @ 7.30 .... 7.30*800=5840 profit if Auropharma Expires Below 800
7. Conservative Trader Can combine point 3+4 ... 3.55+4.35=7.9*800=6320 profit Breakeven points downside 692.1 - 827.9 upside
8. Aggressive Trader Can combine point 6+7 ... 6.85+7.30=14.15*800=11320 profit Breakeven points downside 705.85 - 814.15 upside
9. if u enter trade please Trail your Stoploss so that u stay in Profit
10. Please Consult financial advisor before executing Trade
1. Long if Auropharma closes above 770 with 750 as stoploss
2. Sell options for Theta Decay as 11 days left for Expiry
3. Conservative Trader Sell 700 PE @ 3.55 .... 3.55*800=2840 profit if Auropharma Expires above 700
4. Conservative Trader Sell 820 CE @ 4.35 .... 4.35*800=3480 profit if Auropharma Expires Below 820
5. Aggressive Trader Sell 720 PE @ 6.85 .... 6.85*800=5480 profit if Auropharma Expires above 720
6. Aggressive Trader Sell 800 CE @ 7.30 .... 7.30*800=5840 profit if Auropharma Expires Below 800
7. Conservative Trader Can combine point 3+4 ... 3.55+4.35=7.9*800=6320 profit Breakeven points downside 692.1 - 827.9 upside
8. Aggressive Trader Can combine point 6+7 ... 6.85+7.30=14.15*800=11320 profit Breakeven points downside 705.85 - 814.15 upside
9. if u enter trade please Trail your Stoploss so that u stay in Profit
10. Please Consult financial advisor before executing Trade