Playing for the INFY Results.
INFY like last time the VOLT is going UP. So those who are interested can buy Debit Spread. Today I saw both the CE and PEs price have gone up but INFY has not moved anywhere.
Close the INFY debit spread before the Result day and Just before the result day better take a Credit Spread.
Last time the VOLT went to HIGHs of around 90. INFY AVG VOLT is only around 30. On the day of result the VOLT dropped from 90 to 30.
Those who want to take risk can try this call. Otherwise wait till the last day before the result.
The Suggested Debit spread would be 2600 PE - 3500 CE Available now at 111. THOSE who are taking this call Please keep a watch on the IV. As long as the IV is going UP, it would help the CALL.