ksoftkeyan

TVSMOTOR Theta Decay trade

Short
NSE:TVSMOTOR   TVS MOTOR CO
634 to 636 apppears to be a good support for TVSMOTOR. It started rising sharply after touching 630 even after Nifty was falling during second half of 22/09/2017.
Considering this, one can sell TVSMOTOR 630PE at 4.50.
Max profit is 4.50*2000 = 9000/- (9% profit on the capital employed in 4 days)
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