I bought September Siemens 3100-PE at £ 72. Is it going to £ 100 this month? Guide – TC Rajashegaran, Palakkad
Siemens (£ 3,115): At the present moment, the graph shows no clear trend in both directions from a perspective in the medium term. The price rose in the first half of this week, but then the share made a U-turn and gave almost all the profit away and now traded at £ 3,115.
That said, the graph shows that the shares have fallen from the resistance at £ 3,220 in the past three weeks. There is also a bearish tendency in the price action from the point of view of short -term.
The closest support from the current level is £ 3,030 followed by £ 3,000. Note that the price band of £ 2,950-3,000 is a demand zone. So as it looks now, the outlook that the price will moderate further is probably up to £ 3,030 and £ 3,000 and then witnessing a recovery.
If the share falls to £ 3,030 and £ 3,000 in the next two weeks, the premium of the 3100-Put option will most likely increase to £ 90 and £ 115 respectively.
If you want to be conservative and avoid the risk of a possible rebound of £ 3,030, you can consider leaving the option when the premium touches £ 90. If you can take a higher risk, you can wait until the premium rises to £ 115.
Our recommendation is to place a stop-loss for £ 30 now. Relieve this at £ 75 when the price of the 3100 pit option rises to £ 90. Place this, for each £ 10 increase in the premium, you can increase the stop-loss by £ 10. Leave at £ 115.
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Published on September 5, 2025
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