OPTION STRAP STRATEGY FOR NOV 2016

"BUY 2 LOTS HINDALCO 175 CALL @ 3.3"
"AND 1 LOT HINDALCO 150 PUT @ 2.55"
FOR TGT UPDATE KEEP READING
PAY OF TABLE -:

Call Option Price	Strike Price	Call Option Price	Closing price	Return from call	return from put	gross return	payoff
3.3	150	2.55	120	0	210000	210000	151005
3.3	150	2.55	125	0	175000	175000	116005
3.3	150	2.55	130	0	140000	140000	81005
3.3	150	2.55	135	0	105000	105000	46005
3.3	150	2.55	140	0	70000	70000	11005
3.3	150	2.55	145	0	35000	35000	-23995
3.3	150	2.55	150	0	0	0	-58995
3.3	150	2.55	155	0	0	0	-58995
3.3	150	2.55	160	0	0	0	-58995
3.3	150	2.55	165	0	0	0	-58995
3.3	150	2.55	170	0	0	0	-58995
3.3	150	2.55	175	0	0	0	-58995
3.3	150	2.55	180	70000	0	70000	11005
3.3	150	2.55	185	140000	0	140000	81005
3.3	150	2.55	190	210000	0	210000	151005
3.3	150	2.55	195	280000	0	280000	221005
3.3	150	2.55	200	350000	0	350000	291005
3.3	150	2.55	205	420000	0	420000	361005
3.3	150	2.55	210	490000	0	490000	431005
3.3	150	2.55	215	560000	0	560000	501005