Wednesday 20 April 2022

AXISBANK OPTION PLAIN STRANGLE STRATEGY FOR APRIL 2022

BUY 1 LOT AXISBANK 820 CALL @ 6.8 & AXISBANK 780 PUT @ 8.2 

PAY OFF TABLE

Strike Price

Call Option Price

Put Option Price

Strike rate

Closing price

Payoff

820

6.8

8.2

20

700

78000

820

6.8

8.2

20

720

54000

820

6.8

8.2

20

740

30000

820

6.8

8.2

20

760

6000

820

6.8

8.2

20

780

-18000

820

6.8

8.2

20

800

-18000

820

6.8

8.2

20

820

-18000

820

6.8

8.2

20

840

6000

820

6.8

8.2

20

860

30000

820

6.8

8.2

20

880

54000

820

6.8

8.2

20

900

78000

 

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