I am sharing this view for educational and recording Purposes.
HeroMotoCo is in a simple Channel Pattern. Its a fundamentally Strong Company and had a recent news that the company is thinking of increasing its products price. Due to Covid personal transportation is going to be in demand and cheaper solutions are scooters and bikes.
I am buying 300 Shares at 2925. and Selling a Monthly CE Option of 3100.
Cheers!
HeroMotoCo is in a simple Channel Pattern. Its a fundamentally Strong Company and had a recent news that the company is thinking of increasing its products price. Due to Covid personal transportation is going to be in demand and cheaper solutions are scooters and bikes.
I am buying 300 Shares at 2925. and Selling a Monthly CE Option of 3100.
Cheers!