HINDALCO STRANGLE STRATEGY FOR SEP EXPIRY 2021

BUY 1 LOT HINDALCO 480 CALL @ 3.2 AND HINDALCO 430 PUT @ 3.9 

FOR TARGET UPDATES WHATSAPP ON 9039542248

PAY OFF TABLE 

Strike Price	Call Option Price	Strike Price	Put Option Price	Strike rate	Closing price	Payoff
480	3.2	430	3.9	10	350	156735
480	3.2	430	3.9	10	360	135235
480	3.2	430	3.9	10	370	113735
480	3.2	430	3.9	10	380	92235
480	3.2	430	3.9	10	390	70735
480	3.2	430	3.9	10	400	49235
480	3.2	430	3.9	10	410	27735
480	3.2	430	3.9	10	420	6235
480	3.2	430	3.9	10	430	-15265
480	3.2	430	3.9	10	440	-15265
480	3.2	430	3.9	10	450	-15265
480	3.2	430	3.9	10	460	-15265
480	3.2	430	3.9	10	470	-15265
480	3.2	430	3.9	10	480	-15265
480	3.2	430	3.9	10	490	6235
480	3.2	430	3.9	10	500	27735
480	3.2	430	3.9	10	510	49235
480	3.2	430	3.9	10	520	70735
480	3.2	430	3.9	10	530	92235
480	3.2	430	3.9	10	540	113735
480	3.2	430	3.9	10	550	135235
480	3.2	430	3.9	10	560	156735