Monday, 28 November 2022

ONGC OPTION STRANGLE STRATEGY FOR DECEMBER 2022

"BUY 1 LOT ONGC 130 PUT @ 0.85 AND ONGC 150 CALL @ 1.5"

PAY OFF TABLE

Strike Price

Call Option Price

Strike Price

Put Option Price

Closing price

Payoff

150

1.5

130

0.85

110

67952.5

150

1.5

130

0.85

115

48702.5

150

1.5

130

0.85

120

29452.5

150

1.5

130

0.85

125

10202.5

150

1.5

130

0.85

130

-9047.5

150

1.5

130

0.85

135

-9047.5

150

1.5

130

0.85

140

-9047.5

150

1.5

130

0.85

145

-9047.5

150

1.5

130

0.85

150

-9047.5

150

1.5

130

0.85

155

10202.5

150

1.5

130

0.85

160

29452.5

150

1.5

130

0.85

165

48702.5

150

1.5

130

0.85

170

67952.5

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