Showing posts with label option condor strategy. Show all posts
Showing posts with label option condor strategy. Show all posts

Tuesday 17 November 2015

RELCAPITAL CONDOR STRATEGY


BUY RELCAPITAL 390 CALL @17.8
BUY RELCAPITAL 400 CALL @12.5
BUY RELCAPITAL 410 CALL @ 7.9

BUY RELCAPITAL 420 CALL @ 4.2
Total Investment=2660
Maximum returns possible=12340
 Pay off table:

call option
closing price
profit from I
profit from IV
loss from II
loss from III
gross return
payoff
4.2
375
0
0
0
0
0
-2660
4.2
380
0
0
0
0
0
-2660
4.2
385
0
0
0
0
0
-2660
4.2
390
0
0
0
0
0
-2660
4.2
395
7500
0
0
0
7500
4840
4.2
400
15000
0
0
0
15000
12340
4.2
405
22500
0
7500
0
15000
12340
4.2
410
30000
0
15000
0
15000
12340
4.2
415
37500
0
22500
7500
7500
4840
4.2
420
45000
0
30000
15000
0
-2660
4.2
425
52500
7500
37500
22500
0
-2660
4.2
430
60000
15000
45000
30000
0
-2660
4.2
435
67500
22500
52500
37500
0
-2660
4.2
440
75000
30000
60000
45000
0
-2660
4.2
445
82500
37500
67500
52500
0
-2660