Suzlon option

D

deven_c

Active Member
#1
#1
i have bought Suzlon may 2010 call option- strike price 65 and premium 5.85. What should i do, please help me. I m new to option trading and this is my first option trade
 
P

prasham

Active Member
#3
#3
Suzlon isn't going to move too high so chances of your profit are slim. Moreover if the market tanks down, Suzlon would correct sharply IMO. So better square off and look for a better opportunity.
 
FanaticTrader

FanaticTrader

Well-Known Member
#5
#5
deven_c said:
thanks prasham, but can any1 tell me more about option trading and particularly about suzlon
Click to expand...
Hold Suzlon options if euity price stays above 68...If Suzlon breaks 68 on daily levels you need to exit your positions asap :thumb:
 
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