IFCI STRANGLE STRATEGY FOR NOV. 2017

"BUY 1 LOT IFCI 25 CALL @ .5 AND

"1 LOT IFCI 22.5 PUT @ .5"

PAY OFF TABLE:-

Strike Price	Call Option Price	Strike Price	Call Option Price	Strike rate	Closing price	Payoff
25	0.5	22.5	0.5	0.5	20	33000
25	0.5	22.5	0.5	0.5	20.5	22000
25	0.5	22.5	0.5	0.5	21	11000
25	0.5	22.5	0.5	0.5	21.5	0
25	0.5	22.5	0.5	0.5	22	-11000
25	0.5	22.5	0.5	0.5	22.5	-22000
25	0.5	22.5	0.5	0.5	23	-22000
25	0.5	22.5	0.5	0.5	23.5	-22000
25	0.5	22.5	0.5	0.5	24	-22000
25	0.5	22.5	0.5	0.5	24.5	-22000
25	0.5	22.5	0.5	0.5	25	-22000
25	0.5	22.5	0.5	0.5	25.5	-11000
25	0.5	22.5	0.5	0.5	26	0
25	0.5	22.5	0.5	0.5	26.5	11000
25	0.5	22.5	0.5	0.5	27	22000
25	0.5	22.5	0.5	0.5	27.5	33000
25	0.5	22.5	0.5	0.5	28	44000
25	0.5	22.5	0.5	0.5	28.5	55000
25	0.5	22.5	0.5	0.5	29	66000
25	0.5	22.5	0.5	0.5	29.5	77000
25	0.5	22.5	0.5	0.5	30	88000

  

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