Finally ! L & T Finance & Holdings to be traded in the Futures & Options Segment from Tomorrow !

Finally ! L & T Finance & Holdings to be traded in the Futures  & Options Segment from Tomorrow !

That’s the reason the Spot Price  jumped 5% today to close at Rs 85.20

The NSE F & O Trading Symbol is L&TFH and Lot Size is 4000 making the At the Money Strike Price Contract Value  Rs 340000 at current spot Rs 85 levels

Step Up Value will be 2.5 with number of Strikes provided In the money-At the money- Out of the money being 7-1-7 with additional 7 Strikes that could be enabled intraday

The Quantity Freeze Limit is 520000 shares …that’s worth Rs 4.42 crs at current Spot Price of Rs 85

Should be a very Interesting and High Volume Trading Counter with huge Open Interest Positions developing given that  L & T Finance Holdings  is a Front runner Banking License Aspirant and RBI is to seek Election Commissioner’s nod if they can announce the names of those from the applicants who have been awarded the banking licence before the General Elections to begin on April 7,2014

For those who want more on this and Naked and Hedging Strategies that can be adopted do visit a wider coverage on our freely accessible SCRIP STANDPOINT Module on www.jsalphaa.com as linked below

Finally ! L & T Finance Holdings in the F & O Segment from Tomorrow ! ~ Strategy ? ~ 12-Mar-2014

All the Best for those who are going to get involved in L & T Finance Holdings Derivatives Play