ITC SELL PE OF 220 AT 12.80 AND SELL CE OF 205 AT 12

*NOW NEW OPTION STRATEGY FOR ITC*

SELL PE OF 220 AT 12.80

AND

SELL CE OF 205 AT 12

BOTH WILL BECOME 4 RS

MEANS YOU WILL EARN 8 + 8 = 16 RS * QTY OF 3200

3200 * 16 = 51200 RS PROFIT

*ONLY CONDITION IS THAT ON OR BEOFRE EXPIRY DAY OF JULY SERIES, IT MUST CLOSE WITHIN THE RANGE OF 198 AND 228*

*STRICTLY*

IF IT WILL CLSOE AROUND 210 212 THAN PROFIT WOULD BE 52000 TO 56000

BUT IF IT WILL CLOSE AROUND 198 OR 228 THAN PROFIT WOULD ONLY BE 2000 TO 5000

SO AS MUCH AS IT CLOSE NEWR 212, THE PROFIT WOULD BE THAT BIG