Finance

Is FSL shares good for options trading?

manjufernandez20
manjufernandez20
3 min read

Options trading has become the most popular way to earn quick profits from the share market. You can make a profit from the volatility in the market, however, options trading is risky because both retail traders and institutional traders trade in Future & Option. So, understand what is option trading, how option trading works, obtain adequate knowledge, and when you should opt for options trading. In this article, we are going to learn about what is options trading and Is FSL shares good for options trading?

 

What is options trading?

The price of buying an option is way less than the price of buying direct shares. Traders have to spend less money and gain a good profit if the trade goes their way. Trading in the future & Options is considered the riskiest trading instrument.

 

Options trading is of two types: Call options and Put options. Call options are chosen when the trader expects that the price of the underlying asset will rise and choose the sell option when they estimate that the asset’s value will decrease. An put option allows the trader to sell the stock at strike price.

Is FSL shares good for options trading? (Data as of 19 November 2022)

FSL (Firstsource Solutions Ltd) is a leading company in BPM (Business Process Management) they provide services across various industries such as healthcare, banking, financial services, media, communications, technology, and other industries. It is listed on NSE500. The trading status of the stock is active and the expiry date is 24 November 2022

 

FSL share price

Rs. 104.80

52 week low

Rs. 93.00

52 week high

Rs. 191.40

Day Range

Rs. 103.80-107.55

Trade volume

Rs. 21,54,450.00 lakhs

Trade value

Rs. 2,268.64 lakhs

Total market cap

Rs. 3,21,396.41 lakhs

Impact cost

0.06

Upper band

116.85

Lower band

95.65

Price band

No band

Security VaR

17.05

VaR margin

17.05

Extreme loss rate

3.50

Applicable margin rate

20.55

Bid price (Qty)

104.75 (15600)

Offer price (Qty)

105.00 (5200)

Prev. close

106.80

Market lot

5200

Contracts traded

919

 

There are a few things you need to consider while trading in FSL shares or any shares such as time horizon, range of maturities, volatility of the stock, intrinsic value, risk appetite, and time value. Also, put stop loss to stop further losses in your trade.

 

To conclude, Options trading can help you earn lucrative returns. However, it is highly risky. So, you should opt for options trading only when you have certain years of experience trading in the share market and when you feel confident. You can practice options trading with the help of paper trading as it does not involve real money. Also, make sure to analyze your purpose of trading and risk tolerance.

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