dear seniors and peers,
i did the following trades
bought ITC 220 call @ 6.90
sold ITC 225 call @ 5.60
also
bought HLL 290 call @13.90
sold HLL 320 call @ 6.10
here i have gone long with breakeven at 222 for ITC and 298 for HLL
my premium outgo on HLL was 15300 and for ITC 3125, which will be net loss if the targets are not achieved. am i right in this strategy and what are the likely targets on expiry as per charts. please help me to restructure this strategy.
bye
i did the following trades
bought ITC 220 call @ 6.90
sold ITC 225 call @ 5.60
also
bought HLL 290 call @13.90
sold HLL 320 call @ 6.10
here i have gone long with breakeven at 222 for ITC and 298 for HLL
my premium outgo on HLL was 15300 and for ITC 3125, which will be net loss if the targets are not achieved. am i right in this strategy and what are the likely targets on expiry as per charts. please help me to restructure this strategy.
bye
