ICICIBANK STRANGLE STRATEGY FOR JULY 2018

“BUY 1 LOT ICICIBANK 290 CALL @ 3.4 AND 260 PUT @ 3.1”

Strike Price	Call Option Price	Strike Price	Put Option Price	Strike rate	Closing price	Return from call	return from put	Payoff
290	3.4	260	3.1	10	180	0	220000	202125
290	3.4	260	3.1	10	190	0	192500	174625
290	3.4	260	3.1	10	200	0	165000	147125
290	3.4	260	3.1	10	210	0	137500	119625
290	3.4	260	3.1	10	220	0	110000	92125
290	3.4	260	3.1	10	230	0	82500	64625
290	3.4	260	3.1	10	240	0	55000	37125
290	3.4	260	3.1	10	250	0	27500	9625
290	3.4	260	3.1	10	260	0	0	-17875
290	3.4	260	3.1	10	270	0	0	-17875
290	3.4	260	3.1	10	280	0	0	-17875
290	3.4	260	3.1	10	290	0	0	-17875
290	3.4	260	3.1	10	300	27500	0	9625
290	3.4	260	3.1	10	310	55000	0	37125
290	3.4	260	3.1	10	320	82500	0	64625
290	3.4	260	3.1	10	330	110000	0	92125
290	3.4	260	3.1	10	340	137500	0	119625
290	3.4	260	3.1	10	350	165000	0	147125
290	3.4	260	3.1	10	360	192500	0	174625
290	3.4	260	3.1	10	370	220000	0	202125