TATAMOTORS STRANGLE STRATEGY

Buy Tatamotors 430 call @4.5

Buy Tatamotors 380 put @4.5

COST =9

RISK PER LOT = 9000

RETURN = UNLIMITED

UPPER BREAK GIVEN POINT=439

LOWER BREAK GIVEN POINT=371

Pay off table:...

Strike Price	Call Option Price	Strike Price	Call Option Price	Closing price	Return from call	return from put	Payoff
430	4.5	380	4.5	350	0	30000	21000
430	4.5	380	4.5	360	0	20000	11000
430	4.5	380	4.5	370	0	10000	1000
430	4.5	380	4.5	380	0	0	-9000
430	4.5	380	4.5	390	0	0	-9000
430	4.5	380	4.5	400	0	0	-9000
430	4.5	380	4.5	410	0	0	-9000
430	4.5	380	4.5	420	0	0	-9000
430	4.5	380	4.5	430	0	0	-9000
430	4.5	380	4.5	440	10000	0	1000
430	4.5	380	4.5	450	20000	0	11000
430	4.5	380	4.5	460	30000	0	21000
430	4.5	380	4.5	470	40000	0	31000
430	4.5	380	4.5	480	50000	0	41000
430	4.5	380	4.5	490	60000	0	51000
430	4.5	380	4.5	500	70000	0	61000
430	4.5	380	4.5	510	80000	0	71000
430	4.5	380	4.5	520	90000	0	81000
430	4.5	380	4.5	530	100000	0	91000
430	4.5	380	4.5	540	110000	0	101000
430	4.5	380	4.5	550	120000	0	111000