YES BANK
CMP 173
The stock may face resistance around 200 odd levels and could find some support around 160 levels.
Given the setup one may consider the following strategy
Sell
YES BANK 190 CALL OPTION - cmp 8.5
&
YES BAK 150 PUT OPTION -cmp 9
The strategy provides a max profit potential of Rs 30625 on margin requirement of Rs 173000 (depending on your broker) Giving a yield potential of 17.7% till 27 December 2018 expiry
Max profit if stock closes anywhere in between 150 and 190 on 27 Dec 2018
Loss only if stock closes above 207.5 or goes below 132.5 on expiry day.
Take care and safe trading...!!!