Top Options Trades Today: Expert Picks on Jindal Stainless, Amber Enterprises, and Eternal
Top Options Trades for Today: Smart Bets by Market Experts
The trend of the Indian stock market on the second day of trade the week is flat. The Nifty has declined over 9 points and the Sensex has plunged more than 88 points and both are trading in the red. Although the market remains generally calm, nevertheless, one will find certain interesting opportunities as a trader, particularly those trading in options.
Investors engage in the stock market in many ways through options trading among others. It is a speculation in accordance to the future directions of the price of a stock without having the stock. Nevertheless, one should keep in mind that options trading can be very risky and each investor should rely on his or her own analysis and make decisions to trade or not trade.
The best market professionals gave some of the high-potential options trades in CNBC-Awaaz exclusive segment Dhamakedar Option, and some of their trades were in Jindal Stainless, Amber Enterprises and Eternal. Let’s take a look at what they recommend:
Rajesh Palviya (Axis Securities) – Jindal Stainless Call Option
Rajesh Palviya recommends a bullish call option on Jindal Stainless. He states that traders may look at the possibility of purchasing the August 680 Strike Call Option which is being quoted at around 33.
- Buy Around: ₹33
- Stop Loss: ₹29
- Target: ₹42 to ₹44
His sentiments are that this exchange has positive prospects of giving out returns provided there is movement upwards in the stock.
Kavita Jain Sarda (Arihant Capital) – Amber Enterprises Call Option
Toucing on the momentum, Kavita Jain notes that Amber Enterprises has got tremendous momentum. She recommends to traders to consider the July 7500 Strike Call Option that is trading at approximately 126 rupees.
- Buy Around: ₹126
- Stop Loss: ₹105
- Target: ₹145 / ₹186
This stock, in her estimation, is experiencing a very positive trend as far as its upsurge is concerned and the call option purchase might spell financial gain in the short term.
Manas Jaiswal – Eternal Put Option
Manas Jaiswal is of a different opinion and advises to sell Eternal on cat bearish trade. He advises the investor to purchase the August 300 Strike Put Option which is trading at 10.
- Buy Around: ₹10
- Stop Loss: ₹7
- Target: ₹18
As he said this put option would work in favor of traders in case the stock price decreases within the next few days.
Also Read : Stylam Industries Q1 Results to Be Announced on August 2, 2025
Final Thoughts
Such professional advice indicates that the market always offers some opportunities even in the case of a stagnating trend. It does not matter whether you are placing a bet on a stock to rise (call option) or fall (put option), what is really important is to have a wider strategy with distinct entry point, stop-loss, and target points.
Important Note: Such options trades are proposed by the market experts depending on market trends and technical studies. Yet the trading options have a risky edge that is not appropriate to any investor. Always read or talk to a financial advisor if you make any decision to invest.
