KJ options strategy on Monday. Those who have lost in Call options in this script, then buy put options 750PE between 10-13 when the KJ share price is above 747, 750 and 760 levels. In the sense if you have the capability to buy 3 lots, buy on dips.
It is nearly 800 points above the current closing level. It is advisable to exit when the market opens on Monday, hopefully there'll be a gap up and then market may tumble
skindusekar replied to Shailendra Shrivastava's post
24700 CE is 3 strikes above ATM. There may be a gap up given the US market closing yesterday provided there's no other bad news. But you will have to come out asap the market starts on Monday even if there's slight loss, as FII selling on rise would continue till January 2025 and...
@877555 Kalyan Jewellers is mostly an operator driven stock. 820 CE for Dec option with just 2 days for expiry, it's advisable to exit the trade and save some principal
My humble 2 cents for all investors. Please don't follow any Telegram calls. Don't buy Put or Call trades in near or far OTM. Always trade ITM and ATM with strict SL in the risk reward ratio of 1:1.5, unless there's either an upward or downward trend clearly visible in the chart...