Now look at this,
This week BNF buy call @ 8459 triggered on 9th and since we target 100-200 points from there if anyone would have bought 8800 CE option then it would have given nice results.
Lets say we picked BNF 8800 CE on 9th days high price which is 120. Now the same option made a high of 350 (rounded) today. That;s a return of 292%.
One lot would have costed (25*120) 3000 Rs and today it would be worth 8750. That's a profit of 5750 with just 3000 Rs risk.
So as I say, this is all about using the levels wisely.:thumb: