Option Strategy: Ashokley : Ratio Call Spread
BUY MAR 1 LOT 105 CE
SELL MAR 2 LOTS 110 CE
Target Profit: Rs 12000
Stop Loss: Rs 3200
Rationale: Stock have been in Long- Long Unwinding cycle.Unwinding in 100 CE augurs well for momentum to continue upwards. Considering truncated week and faster pace of time decay, Ratio Call Spread is recommended
Disclaimer: Motilal Oswal Securities ( MOSL ) is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.Motilal Oswal Securities Limited is registered under SEBI (Research Analysts) Regulation 2014 SEBI Registration No :-INH000000412. MOSL or its associate might be involved in market making for the subject company or have potential conflict of interest.
Shubham Agarwal is a head of Quantitative Research, Motilal Oswal Securities