Option Strategy

Buy 1 lot 5400 April Call @ 42 and Sell 5 lots April 5600 calls @ 13. Buy 1 lot 4800 April Put @ 55, Sell 5 lot 4400 April Put @ 14 and 10 lots 4300 April puts @ 10.

As we have seen that premiums of almost all the options have lost value. So we have designed a strategy for the month of April.

This strategy will provide a minimum return of about 2.25% in a range of 4300 to 5680 maximum returns between this range will be 9.5% at 4400 and moderate kind of returns at 5500, 5600, 4600 & 4500 with 4% to 7.7%.

Buy 1 lot 5200 March Call @ 40, Sell 2 lots 5300 March call @ 20 and Sell 1 lot 4800 March put @ 14.

This is for the month of March. As discussed above the likely range is 5000 – 5200. This strategy will provide a minimum return of 1.65% and maximum return of 13.4% between 4800 and 5400.