WE HAVE SHORT SOLD NIFTY 30 JULY 11600 CALL, AGAINST SAFETY OF AUG 12000 CALL BOUGHT

WE HAVE SHORT SOLD NIFTY 30 JULY 11600 CALL, AGAINST SAFETY OF AUG 12000 CALL BOUGHT

IF NIFTY WONT CLOSE ABOVE AND CLOSE 11600 BY 30 JULY, WE WILL EARN WHOLE FULL 14 RS * QTY OF LOTS

PLEASE NOTE IN THIS STRATEGY LOSS IS UNLIMITED BUT MAX PROFIT IS 14 RS * QTY OF LOTS ONLY

BUT WE HAVE SAFE GUARD IT WITH HEDGING OF OTHER CALLS

THIS MEANS WE BOUGHT OPTIONS IN AUG SERIES PE AND CE AT 20 EACH MEANS 40 * 75 = 3000 RS WAS COST

NOW WE SOLD 14*75 = 1050

SO 3000 - 1050 = 1950 RS IS COST

PLEASE NOTE, THIS CALCULATION IS AS PER 1 LOT (75 QTY ) ONLY