IEX OPTION STRATEGY FOR DEC 2021

 BUY 1 LOT IEX 290 CALL @ 4.3 AND 250 PUT @ 4.3 

PAY OFF TABLE :-

Strike Price	Call Option Price	Strike Price	Put Option Price	Strike rate	Closing price	Lot size	Payoff
290	4.3	250	4.3	10	200	3750	155250
290	4.3	250	4.3	10	210	3750	117750
290	4.3	250	4.3	10	220	3750	80250
290	4.3	250	4.3	10	230	3750	42750
290	4.3	250	4.3	10	240	3750	5250
290	4.3	250	4.3	10	250	3750	-32250
290	4.3	250	4.3	10	260	3750	-32250
290	4.3	250	4.3	10	270	3750	-32250
290	4.3	250	4.3	10	280	3750	-32250
290	4.3	250	4.3	10	290	3750	-32250
290	4.3	250	4.3	10	300	3750	5250
290	4.3	250	4.3	10	310	3750	42750
290	4.3	250	4.3	10	320	3750	80250
290	4.3	250	4.3	10	330	3750	117750
290	4.3	250	4.3	10	340	3750	155250