Buy BoB, SBI March futures: Krish Subramanyam

Krish Subramanyam of Altamount Capital told CNBC-TV18, "Bank of Baroda (BoB) has shown lot of positivity in the last one week or so. I feel the momentum should get carry forward. With covered Call strategy one could buy March futures at Rs 139 and also sell 140 Strike Call that is quoting at around Rs 12, keeping a target of Rs 155 and a stop loss of Rs 128." "The next trade is a covered Call on State Bank of India (SBI). The stock is showing signs of some strength and closing above Rs 162, I think should augur well for the stock. So, another covered call strategy where one could buy the March Futures that is quoting round Rs 162. Sell 160 strike Call at Rs 12 keeping a target of Rs 175 and a stop loss of Rs 153," he added.