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Capital Finance Theta Decay Trade and Intraday Idea

315
Projecting Capital Finance on its demand zone of 720 levels. It had been consolidation on 680-720 since months and shown a breakout towards 800 some times back. In terms of fundamentals of the industry of NBFC, it is a great buy.

CAPF August 700 PE is at 4.8.
CAPF September 720 PE is at 22.

There is no point of buying CAPF August Futures at the time of expiry but September Future is at a high premium of 715 while the spot is 712.05.
Nota
Update TSL to 710. It's a riskfree ride now.
Dagangan ditutup: sasaran tercapai
We've reached our target :)

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