Derivative strategy on LIC Housing Finance by Chandan Taparia, Derivative and Technical Analyst & PFA at MOSL
LIC HOUSING FINANCE: Bull Call Spread
Buy 580 Mar CE 1 lot
Sell 600 Mar CE 1 lot
1. LIC Housing Finance had witnessed accumulation in OI in past few trading session
2. Option activity shows highest concentration in 580 CE and 560 PE
3. Unwinding in 560 CE could lead to option trigger boosting the momentum
4. Thus Bull Call Spread is recommended
Stop Loss: 3,500
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is an Deivatives and Technical Analyst at Motilal Oswal Securities.