Monday (01/12/14): Planning to Buy Equal Lots of
Nifty 8600 CE (CMP: 122) and 8600 PE (CMP: 90)
Combination Cost Per Lot (Max) = 210
Will buy both options simultaneously
Target = 260 Per lot Combined.(20% Profit)
SL = 12% for Combined Lot from Entry Cost.
Max Holding Till Next Thursday.
Reasons for Trade:IV of Options Low, Both options are Undervalued at present,Current trend is Strong enough to move another 100 - 150 Points Upward.