Amit Trivedi's strategy on SBI

Amit Trivedi at Investworks.in told CNBC-TV18, "You will have earnings from ICICI Bank and Axis Bank in this month and that could again add to some earnings per se and for the Bank Nifty per se. We are recommending one can sell 17,500 Puts of Bank Nifty, you are getting around Rs 75 of cash flow in this trade. You are profitable if Bank Nifty expires any value above Rs 17,500."

"We have a strategy on State Bank of India (SBI), it is a risk reversal. We are suggesting buying calls of 330 strike of SBI and to fund that you can sell Puts of 300 so net-net you are investing Re 1 in this trade and if SBI goes up marginally also you will tend to benefit in this particular trade," he added.