BUY RELCAPITAL 390 CALL @17.8
BUY RELCAPITAL 400 CALL @12.5
BUY RELCAPITAL 410 CALL @ 7.9BUY RELCAPITAL 420 CALL @ 4.2
Total Investment=2660
Maximum returns possible=12340
Pay off table:
call option
|
closing price
|
profit from I
|
profit from IV
|
loss from II
|
loss from III
|
gross return
|
payoff
|
4.2
|
375
|
0
|
0
|
0
|
0
|
0
|
-2660
|
4.2
|
380
|
0
|
0
|
0
|
0
|
0
|
-2660
|
4.2
|
385
|
0
|
0
|
0
|
0
|
0
|
-2660
|
4.2
|
390
|
0
|
0
|
0
|
0
|
0
|
-2660
|
4.2
|
395
|
7500
|
0
|
0
|
0
|
7500
|
4840
|
4.2
|
400
|
15000
|
0
|
0
|
0
|
15000
|
12340
|
4.2
|
405
|
22500
|
0
|
7500
|
0
|
15000
|
12340
|
4.2
|
410
|
30000
|
0
|
15000
|
0
|
15000
|
12340
|
4.2
|
415
|
37500
|
0
|
22500
|
7500
|
7500
|
4840
|
4.2
|
420
|
45000
|
0
|
30000
|
15000
|
0
|
-2660
|
4.2
|
425
|
52500
|
7500
|
37500
|
22500
|
0
|
-2660
|
4.2
|
430
|
60000
|
15000
|
45000
|
30000
|
0
|
-2660
|
4.2
|
435
|
67500
|
22500
|
52500
|
37500
|
0
|
-2660
|
4.2
|
440
|
75000
|
30000
|
60000
|
45000
|
0
|
-2660
|
4.2
|
445
|
82500
|
37500
|
67500
|
52500
|
0
|
-2660
|