TCS Short | TCS appearing to lose momentum and may correct

2019年4月23日

TCS

It's time for a correction in this stock, the momentum at which it's touching previous higher valuation is significantly less in-spite of earnings.
Trade Ideas:

• If TCS is a big chunk of your portfolio (which is true for most of investors) you may want to think of booking some profits at these levels
  
• You can hedge your risk by buying 0.55 delta PE in May, quantity should roughly match with your portfolio allocation
  
• You can short May and June future contracts
  
• You can sell CE May and June contracts
  
• You can draw a trend line after the stock starts correction and look for intraday short and pullback opportunities
  

2019年5月2日

交易進行

Position filled, keep a look at earnings projection 20.95 estimated for 9th July may be less. This trade will take some sweet time

2019年5月3日

交易進行

Stay Short, let’s see how the market responds on Monday

2019年5月9日

手動結束交易

Closed position early booked at 2150