Rs.7,840 profit in DLF Call & Put strategy activated on 29th Oct 2019.

Rs.7,840 profit in DLF on an investment of Rs.47320 in 3 days.

Hello Friends,
Today is Tuesday 29th Oct 2019.

DLF 185 CE & 175 PE

DLF is the only stock from last week's five stock ideas, i had taken position today. Refer last week blog  where i have shared my five stock ideas to trade this week.

Reliance, Maruti, Hindunilvr and Yes Bank all performed well today, but i did not take position in any of these stock options as the premiums were high. Finally took position in DLF during the closing mins of  market hours.
I have posted below 30 mins chart and weekly chart for reference.

DLF 30mins chart

DLF weekly chart

My trade position:
DLF had given a close of 181 on friday 25th oct.
Bought 185CE at Rs.9.25 and 
Bought 175PE at Rs.7.65 of 28th Nov expiry series
My total buy cost in this option trade is 16.90 x 2800 (lot size) = Rs.47,320
I expect volatility and momentum to work in favour of this trade to make a decent profit. will update the result very soon.

Rs.7,840 profit in DLF on an investment of Rs.47320 in 3 days.

Update on 31st Oct

Hello Friends, today 31st Oct I have booked profit in this trade call making a good profit of Rs.7,840.

on an investment of Rs.47,320, i made a cool profit of Rs.7,840 in 2 days.

Sold 185CE at Rs.14.20 and 175PE at Rs.5.50

Total selling price is 19.70. 
My buy cost was Rs.16.90

Profit is 19.70 - 16.90 = 2.80 x 2800 (lot size) = Rs.7,840