IBULHSGFIN STRANGLE STRATEGY FOR SEP 2019

"BUY 1LOT IBULHSGFIN 360 PUT @ 25 AND 420 CALL @ 25"

PAY OFF TABLE-

Strike Price	Call Option Price	Strike Price	Put Option Price	Closing price	Return from call	return from put	Payoff
420	25	360	25	250	0	88000	48000
420	25	360	25	260	0	80000	40000
420	25	360	25	270	0	72000	32000
420	25	360	25	280	0	64000	24000
420	25	360	25	290	0	56000	16000
420	25	360	25	300	0	48000	8000
420	25	360	25	310	0	40000	0
420	25	360	25	320	0	32000	-8000
420	25	360	25	330	0	24000	-16000
420	25	360	25	340	0	16000	-24000
420	25	360	25	350	0	8000	-32000
420	25	360	25	360	0	0	-40000
420	25	360	25	370	0	0	-40000
420	25	360	25	380	0	0	-40000
420	25	360	25	390	0	0	-40000
420	25	360	25	400	0	0	-40000
420	25	360	25	410	0	0	-40000
420	25	360	25	420	0	0	-40000
420	25	360	25	430	8000	0	-32000
420	25	360	25	440	16000	0	-24000
420	25	360	25	450	24000	0	-16000
420	25	360	25	460	32000	0	-8000
420	25	360	25	470	40000	0	0
420	25	360	25	480	48000	0	8000
420	25	360	25	490	56000	0	16000
420	25	360	25	500	64000	0	24000
420	25	360	25	510	72000	0	32000
420	25	360	25	520	80000	0	40000
420	25	360	25	530	88000	0	48000