Thursday, January 21, 2010

Free strategy for 21 Jan 09: ICICI bank

As you know ICICI bank is announcing its earnings today. In line with other banks we can expect it to post good results. Let us take a position to take advantage of it, but limiting the risk, in case the results are not up to the "Market expectation"

 

What you should do for today, is Sell one Lot of Jan call option of 860 AND But 2 Lots of Jan call option of 900.

 

The max risk of this strategy is Rs. 10780 and the profit potential is unlimited.

 

Since It is a free advise, I may not be able to advice you the "Follow up adjustments".

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES