Buy Nifty 6100 put @55
Buy Nifty 6300 call @47
COST =102
RISK PER LOT = 5100
RETURN = UNLIMITED
UPPER BREAK GIVEN POINT=6402
LOWER BREAK GIVEN POINT=5098
Pay off table:...
Strike Price
|
Call Option Price
|
Strike Price
|
Call Option Price
|
Closing price
|
Return from call
|
Payoff
|
6300
|
47
|
6100
|
55
|
6200
|
0
|
-5100
|
6300
|
47
|
6100
|
55
|
6250
|
0
|
-5100
|
6300
|
47
|
6100
|
55
|
6300
|
0
|
-5100
|
6300
|
47
|
6100
|
55
|
6350
|
2500
|
-2600
|
6300
|
47
|
6100
|
55
|
6400
|
5000
|
-100
|
6300
|
47
|
6100
|
55
|
6450
|
7500
|
2400
|
6300
|
47
|
6100
|
55
|
6500
|
10000
|
4900
|
6300
|
47
|
6100
|
55
|
6550
|
12500
|
7400
|
6300
|
47
|
6100
|
55
|
6600
|
15000
|
9900
|
6300
|
47
|
6100
|
55
|
6650
|
17500
|
12400
|
6300
|
47
|
6100
|
55
|
6700
|
20000
|
14900
|
6300
|
47
|
6100
|
55
|
6750
|
22500
|
17400
|
6300
|
47
|
6100
|
55
|
6800
|
25000
|
19900
|
6300
|
47
|
6100
|
55
|
6850
|
27500
|
22400
|
6300
|
47
|
6100
|
55
|
6900
|
30000
|
24900
|
6300
|
47
|
6100
|
55
|
6950
|
32500
|
27400
|
6300
|
47
|
6100
|
55
|
7000
|
35000
|
29900
|
6300
|
47
|
6100
|
55
|
7050
|
37500
|
32400
|
6300
|
47
|
6100
|
55
|
7100
|
40000
|
34900
|
6300
|
47
|
6100
|
55
|
7150
|
42500
|
37400
|
6300
|
47
|
6100
|
55
|
7200
|
45000
|
39900
|
6300
|
47
|
6100
|
55
|
7250
|
47500
|
42400
|
6300
|
47
|
6100
|
55
|
7300
|
50000
|
44900
|
6300
|
47
|
6100
|
55
|
7350
|
52500
|
47400
|
6300
|
47
|
6100
|
55
|
7400
|
55000
|
49900
|
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