HDFC chart analysis | HDFC option strategy | HDFC Hedging
HDFC chart analysis
Daily chart
HDFC chart analysis,
In our daily chart, we see that HDFC is trading in a range of 2360 to 2600.
So, we create a strategy, by keeping in mind the range of HDFC from last some days.
Intraday chart
Short strangle strategy
After HDFC chart analysis, we are going to short 2600 call and 2360 put.
Short 2600 Call @ Premium of 34
Short 2360 Put @ Premium of 21
Payoff chart of the HDFC strategy
| No | Strike | Premium | Option | Buy(1)Sell(0) | Expiry | Gross P/L | LOT SIZE | TOTAL P /L |
| 1 | 2600 | 34 | call | 0 | 2800 | -145 | 300 | -43500 |
| 2 | 2360 | 21 | put | 0 | 2780 | -125 | 300 | -37500 |
| 3 | 2760 | -105 | 300 | -31500 | ||||
| 4 | 2740 | -85 | 300 | -25500 | ||||
| 5 | 2720 | -65 | 300 | -19500 | ||||
| 6 | 2700 | -45 | 300 | -13500 | ||||
| 7 | 2680 | -25 | 300 | -7500 | ||||
| 8 | 2660 | -5 | 300 | -1500 | ||||
| 9 | 2640 | 15 | 300 | 4500 | ||||
| 2620 | 35 | 300 | 10500 | |||||
| Difference | 20 | 2600 | 55 | 300 | 16500 | |||
| Expiry from | 2800 | 2580 | 55 | 300 | 16500 | |||
| lot size | 300 | 2560 | 55 | 300 | 16500 | |||
| 2540 | 55 | 300 | 16500 | |||||
| 2520 | 55 | 300 | 16500 | |||||
| 2500 | 55 | 300 | 16500 | |||||
| 2480 | 55 | 300 | 16500 | |||||
| 2460 | 55 | 300 | 16500 | |||||
| 2440 | 55 | 300 | 16500 | |||||
| 2420 | 55 | 300 | 16500 | |||||
| 2400 | 55 | 300 | 16500 | |||||
| 2380 | 55 | 300 | 16500 | |||||
| 2360 | 55 | 300 | 16500 | |||||
| 2340 | 35 | 300 | 10500 | |||||
| 2320 | 15 | 300 | 4500 | |||||
| 2300 | -5 | 300 | -1500 | |||||
| 2280 | -25 | 300 | -7500 | |||||
| 2260 | -45 | 300 | -13500 | |||||
| 2240 | -65 | 300 | -19500 | |||||
| 2220 | -85 | 300 | -25500 | |||||
| 2200 | -105 | 300 | -31500 | |||||
| 2180 | -125 | 300 | -37500 | |||||
| 2160 | -145 | 300 | -43500 | |||||
| 2140 | -165 | 300 | -49500 | |||||
| 2120 | -185 | 300 | -55500 | |||||
| 2100 | -205 | 300 | -61500 | |||||
| 2080 | -225 | 300 | -67500 | |||||
| 2060 | -245 | 300 | -73500 | |||||
| 2040 | -265 | 300 | -79500 | |||||
| 2020 | -285 | 300 | -85500 | |||||
| 2000 | -305 | 300 | -91500 | |||||
| 1980 | -325 | 300 | -97500 | |||||
| 1960 | -345 | 300 | -103500 | |||||
| 1940 | -365 | 300 | -109500 | |||||
| 1920 | -385 | 300 | -115500 | |||||
| 1900 | -405 | 300 | -121500 | |||||
| 1880 | -425 | 300 | -127500 | |||||
| 1860 | -445 | 300 | -133500 | |||||
| 1840 | -465 | 300 | -139500 | |||||
| 1820 | -485 | 300 | -145500 |
Above payoff chart
In the above payoff chart, we see that we are in unlimited loss on both sides if HDFC crosses above 2655 and if HDFC falls below 2305.
We are in the profit between 2305 to 2655 and maximum profit RS 16500.
For more detailed please see the video
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