when it comes to option, people talks in multiples only, option is a play of FII’s where they hedge position with future.
but as option can be played with small amount of money also so lots of traders and investors taking a naked positions in options and many time it lead for loss only. if we able to understand the risk of option and if we able to catch the proper trend of stock then it can give us a big gains in option, but another major thing to consider in option trading is time factor.
some option and stock study and their view.
IGL
280 CA – POSITIONAL ARE STARTED TO COVER TODAY.
EFFECT – below 277.5 we can see some selling in this.
IRB INFRA
95 CA – POSITION ARE STARTED TO COVER IN THIS CALL.
EFFECT – we can see some more selling pressure now in IRB
BHARTI AIRTEL – from yesterday only we seen some positions are covered from 300 ca and its effect we seen today it was down by 3% and possible tomorrow also we can see some pressure in this stock.
OPTO CIRCUIT – stock is in long term down trend still we seen some build up in 22CA and accordingly it done movement till 23.5, from yesterday we seen that now calls are covered from this one, so today we seen fall of almost 8% and if able to break today’s low then more fall we can see in this one as still calls are being covered in options.
FRL – frl we seen some quick moved in this from 90 to 108 level and we seen some quick position buildup in 100 CA just 2- trading session back, now from yesterday calls are started to covered now, and today it has given 4% fall, even today also some call positions are covered in this one, so we can see some fall below today’s low.