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Expiry Derivative Strategy
16th Sept 2015
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
View – Range Bound
Pay off : Max. Profit of 241,
Max. Loss of Rs. 39 at SL level of 8180 & 7620.
Expiry Date - 24th Sept 2015
BUY /
SELL
QTY
STRIKE
PRICE
SERIES
OPTION
TYPE
Prem.
Sell 25 7900 Sept CE 118
Sell 25 7900 Sept PE 123
NIFTY : CMP 7900 Short Straddle Pay-Off Table
Pay off with Chart
P
R
O
F
I
T
/
L
O
S
S
* Please Refer Disclaimer on Websitewww.choiceindia.com
Margin as per requirement.
NIFTY PAY-OFF
7550 -109.00
7620 -39.00
7690 31.00
7760 101.00
7830 171.00
7900 241.00
7970 171.00
8040 101.00
8110 31.00
8180 -39.00
8250 -109.00
-150
-100
-50
0
50
100
150
200
250
300
7550.00 7620.00 7690.00 7760.00 7830.00 7900.00 7970.00 8040.00 8110.00 8180.00 8250.00
Expiry Derivative Strategy
16th Sept 2015
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Contact Us
www.choiceindia.comKunal Parmar
Research Associate
kunal.parmar@choiceindia.com
Vikas Chaudhari
Research Associate
vikas.chaudhari@choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
Disclaimer
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial
instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in
any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but
Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the
information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast
future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations
issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on
information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility
or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without
notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended
purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may
be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is
strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current
performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee
against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock /
Instrument (s): - No.
Chandrakant Maske
Research Associate
chandrakant.maske@choiceindia.com
Amit Pathania
Research Associate
amit.pathania@choiceindia.com

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Nifty Expiry Derivative Strategy

  • 1. Expiry Derivative Strategy 16th Sept 2015 SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds View – Range Bound Pay off : Max. Profit of 241, Max. Loss of Rs. 39 at SL level of 8180 & 7620. Expiry Date - 24th Sept 2015 BUY / SELL QTY STRIKE PRICE SERIES OPTION TYPE Prem. Sell 25 7900 Sept CE 118 Sell 25 7900 Sept PE 123 NIFTY : CMP 7900 Short Straddle Pay-Off Table Pay off with Chart P R O F I T / L O S S * Please Refer Disclaimer on Websitewww.choiceindia.com Margin as per requirement. NIFTY PAY-OFF 7550 -109.00 7620 -39.00 7690 31.00 7760 101.00 7830 171.00 7900 241.00 7970 171.00 8040 101.00 8110 31.00 8180 -39.00 8250 -109.00 -150 -100 -50 0 50 100 150 200 250 300 7550.00 7620.00 7690.00 7760.00 7830.00 7900.00 7970.00 8040.00 8110.00 8180.00 8250.00
  • 2. Expiry Derivative Strategy 16th Sept 2015 SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds Contact Us www.choiceindia.comKunal Parmar Research Associate kunal.parmar@choiceindia.com Vikas Chaudhari Research Associate vikas.chaudhari@choiceindia.com www.choiceindia.comcustomercare@choiceindia.com Disclaimer This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment. POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No. Chandrakant Maske Research Associate chandrakant.maske@choiceindia.com Amit Pathania Research Associate amit.pathania@choiceindia.com