Reliance Option Strategy | Reliance Chart Analysis
Reliance Option Strategy
We are trying to create a Reliance option strategy first, we check all charts. monthly, weekly, daily intraday.
Reliance monthly chart
In our Monthly chart Reliance Shows us Buy Signal.
Reliance weekly chart
In our Weekly chart Reliance Shows us Buy Signal.
Reliance daily chart
In our Daily chart Reliance Shows us Buy Signal near 1942.
Reliance Intraday chart
In our Intraday chart Reliance shows us a short signal near 2024 and it will come down to 1994, no we got an opportunity with the base of our daily chart so we create a below-mentioned strategy.
Reliance Option Strategy
First we Buy Reliance Future @ 2005, Short 2000 Call option @ 81, Short 2100 Call option @ 40, Buy 1900 Put option @ 34.
Buy Reliance Future @ 2005,
Short 2000 Call option @ 81,
Short 2100 Call option @ 40,
Buy 1900 Put option @ 34.
Payoff chart of the Reliance strategy
No | Strike | Premium | Option | Buy(1)Sell(0) | Expiry | Gross P/L | LOT SIZE | TOTAL P /L | |
1 | 1 | 2004 | future | 1 | 2300 | -118 | 250 | -29500 | |
2 | 2000 | 81 | call | 0 | 2290 | -108 | 250 | -27000 | |
3 | 2100 | 40 | call | 0 | 2280 | -98 | 250 | -24500 | |
4 | 1900 | 34 | put | 1 | 2270 | -88 | 250 | -22000 | |
5 | 2260 | -78 | 250 | -19500 | |||||
6 | 2250 | -68 | 250 | -17000 | |||||
7 | 2240 | -58 | 250 | -14500 | |||||
8 | 2230 | -48 | 250 | -12000 | |||||
9 | 2220 | -38 | 250 | -9500 | |||||
2210 | -28 | 250 | -7000 | ||||||
Difference | 10 | 2200 | -18 | 250 | -4500 | ||||
Expiry from | 2300 | 2190 | -8 | 250 | -2000 | ||||
lot size | 250 | 2180 | 2 | 250 | 500 | ||||
2170 | 12 | 250 | 3000 | ||||||
9699646408 |
| 2160 | 22 | 250 | 5500 | ||||
|
| 2150 | 32 | 250 | 8000 | ||||
|
| 2140 | 42 | 250 | 10500 | ||||
2130 | 52 | 250 | 13000 | ||||||
2120 | 62 | 250 | 15500 | ||||||
2110 | 72 | 250 | 18000 | ||||||
2100 | 82 | 250 | 20500 | ||||||
2090 | 82 | 250 | 20500 | ||||||
2080 | 82 | 250 | 20500 | ||||||
2070 | 82 | 250 | 20500 | ||||||
2060 | 82 | 250 | 20500 | ||||||
2050 | 82 | 250 | 20500 | ||||||
2040 | 82 | 250 | 20500 | ||||||
2030 | 82 | 250 | 20500 | ||||||
2020 | 82 | 250 | 20500 | ||||||
2010 | 82 | 250 | 20500 | ||||||
2000 | 82 | 250 | 20500 | ||||||
1990 | 72 | 250 | 18000 | ||||||
1980 | 62 | 250 | 15500 | ||||||
1970 | 52 | 250 | 13000 | ||||||
1960 | 42 | 250 | 10500 | ||||||
1950 | 32 | 250 | 8000 | ||||||
1940 | 22 | 250 | 5500 | ||||||
1930 | 12 | 250 | 3000 | ||||||
1920 | 2 | 250 | 500 | ||||||
1910 | -8 | 250 | -2000 | ||||||
1900 | -18 | 250 | -4500 | ||||||
1890 | -18 | 250 | -4500 | ||||||
1880 | -18 | 250 | -4500 | ||||||
1870 | -18 | 250 | -4500 | ||||||
1860 | -18 | 250 | -4500 | ||||||
1850 | -18 | 250 | -4500 | ||||||
1840 | -18 | 250 | -4500 | ||||||
1830 | -18 | 250 | -4500 | ||||||
1820 | -18 | 250 | -4500 | ||||||
1810 | -18 | 250 | -4500 |
In the above charts
In the above payoff Chart, we see our maximum loss is unlimited on the upside. if Reliance expires above 2180, and below 1920 our loss is limited to RS 4500.
and our Maximum profit approx RS 20500 if Reliance expiry in between 2000 to 2100.
we are in profit if Reliance expiry is between 1920 to 2180.
Please comment if you like our strategy.
Other articles
Disclaimer :
Blog Provides Views and Opinion as Educational Purpose Only, We are not responsible for any of your Profit / Loss with this blog Suggestions. The owner of this blog is not SEBI registered, consult your Financial Advisor before taking any Position.