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arsalanansari17
2021年10月31日晚上6點09分

RBLBANK option strategy for November-2021 

RBL BANK LTDNSE

描述

::This is just for education::

RBLBANK share price had fallen around 10% (closing basis) after Sep. quarter result. Although the result has improved from last quarter. So in my opinion it should not fall much, chart pattern is also indicating the same.

As indicated in chart, it can take support at 160 level, and can face resistance at 200 level. I think butterfly option strategy can be applied here.

Strategy:
  • Buy 1 lot RBLBANK NOV 160 CE (Support price)
  • Buy 1 lot RBLBANK NOV 200 CE (Resistance price)
  • Sell 2 lot RBLBANK NOV 180 CE


Need experts opinion!
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