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Earning Trade in Biocon – 3.5% ROI Profit in SINGLE Day

1) Conditions

Select good stock first
Make sure that you own BIOCON
Ready to take delivery if BIOCON comes down
Be ready to deliver your Biocon if it rallies heavily
Positional trade & have margin

2) Why Biocon?

Result was on May 14th 2020 after market hours
IVP is higher than 85%
On 14th, Biocon was 335.
Short Straddle at 335 (CE+PE) = 35 = 10% of total value
IV Skew was in upside

3) Earning Strategy (Biocon)

Create Short Strangle Wider than Spot + ATM SS Premium
Biocon Spot = 335 & ATM SS Premium = 35
Ideal CE strike price = 335 + 35 = 370 CE
Ideal PE Strike Price = 335 – 35 = 300 PE
Margin = 2,25,000
I choose 300 PE(5) & 380 CE (5) as IV Skew was in up side

4) Break-even Levels

Break-even for this strategy is from 290 to 390
Through adjustment, breakeven = from 280 to 400
Be ready to buy Biocon if it comes down below 280
Be ready to deliver Biocon if it goes up above 400

5) Biocon Trade Results

6) Profit and Results

BIOCON results was negative and it was down 3%
Had profit 8200 & Margin is 2,25,000
ROI = 3.5% in a day
You can do the same strategy with different stocks

Check Our video for all more detailed info.

Easy – Peasy Income Strategy with High Win-Rate (In Nifty)

Check Covered Call Video Here,

Check Cash Secured Put Video Here,

To know more about Jegan

Jegan – Mastermind of CapitalZone

Jegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is one of the prime Option Writing Trainer and tutored close to 1000 members till now.

He is the Mastermind of CapitalZone – Active Option Trading where Traders can avail Trading Chart with customised indicators, FNO tools and Payoff analysis. His keynote is to provide whole FNO deets to be handy for Traders in a sole place.

Now he is taking more heed on hedging portfolio in Option Writing where we might subject to more market risk. He is streamlining his strategies often and improving perpetually. At this time unfolding ways to measure good-quality Trend Following System.

Conducting workshop in all Metro Cities (Delhi, Mumbai, Bangalore, Chennai and Coimbatore) often based on queries from Traders.

 

 

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