NIFTY STRAP STRATEGY FOR BUDGET 2018

"BUY 2 LOTS NIFTY 11400 CALL @ 90 AND 1 LOT 10900 PUT @ 105" 

PAY OFF TABLE :-

Strike Price	Call Option Price	Strike Price	Put Option Price	Strike rate	Closing price	gross return	payoff
11400	90	10900	105	200	10000	67500	45000
11400	90	10900	105	200	10200	52500	30000
11400	90	10900	105	200	10400	37500	15000
11400	90	10900	105	200	10600	22500	0
11400	90	10900	105	200	10800	7500	-15000
11400	90	10900	105	200	11000	0	-22500
11400	90	10900	105	200	11200	0	-22500
11400	90	10900	105	200	11400	0	-22500
11400	90	10900	105	200	11600	30000	7500
11400	90	10900	105	200	11800	60000	37500
11400	90	10900	105	200	12000	90000	67500
11400	90	10900	105	200	12200	120000	97500
11400	90	10900	105	200	12400	150000	127500
11400	90	10900	105	200	12600	180000	157500
11400	90	10900	105	200	12800	210000	187500
11400	90	10900	105	200	13000	240000	217500
11400	90	10900	105	200	13200	270000	247500
11400	90	10900	105	200	13400	300000	277500
11400	90	10900	105	200	13600	330000	307500
11400	90	10900	105	200	13800	360000	337500
11400	90	10900	105	200	14000	390000	367500
11400	90	10900	105	200	14200	420000	397500
11400	90	10900	105	200	14400	450000	427500
11400	90	10900	105	200	14600	480000	457500
11400	90	10900	105	200	14800	510000	487500
11400	90	10900	105	200	15000	540000	517500
11400	90	10900	105	200	15200	570000	547500
11400	90	10900	105	200	15400	600000	577500
11400	90	10900	105	200	15600	630000	607500
11400	90	10900	105	200	15800	660000	637500
11400	90	10900	105	200	16000	690000	667500
11400	90	10900	105	200	16200	720000	697500
11400	90	10900	105	200	16400	750000	727500
11400	90	10900	105	200	16600	780000	757500
11400	90	10900	105	200	16800	810000	787500