Buy Cipla 620 call, sell 640 & 660 calls: Amit Trivedi

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26 Aug, 2025 12:21

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Amit Trivedi of Investworks.in told CNBC-TV18, "The strategy on Cipla is for the month. So basically if you look at some of these pharmaceutical names, they are all oscillating around the current levels. So if you look at Cipla, it is moving between around Rs 620 and Rs 640 levels. So what we are suggesting is rather than using futures for trading, you can do a call ladder, you can buy 620 Calls, sell 640 and 660 Calls, so you are investing close to around Rs 4 in this trade and any price between Rs 624 and Rs 676 you will make profit in this trade."

At 09:59 hrs Cipla was quoting at Rs 636.35, up Rs 18.40, or 2.98 percent on the BSE.

The share touched its 52-week high Rs 671.95 and 52-week low Rs 366.70 on 31 October, 2014 and 24 February, 2014, respectively.