CAPITAL 2050726
RISK AMOUNT 10% 205073
INVESTIBLE AMOUNT 1845653
IRON CONDOR PAIR FOR OCT 17 SEREIS
MAX OPEN INTEREST
CALL 9700
PUT 10300
MAX RANGE FORNIFTY SINCE LAST 5 MONTHS 572
AS NIFTY DID NOT BREACH 9700 UPTREND IS MAINTAINED
9700 + 572 = 10272
IRON CONDOR PAIR FOR OCT 17 SEREIS 10300 - 9700
HEDGE 100 POINTS AWAY
HENCE HEDGE IS 10400 - 9600
CALL 10300 63.50
PUT 9700 37.65
101.15 --A
HEDGE 100 POINTS AWAY
CALL 10400 36.80
PUT 9600 28.60
65.40 --B
INCOME
A-B) 35.75
MAX LOSS (100-INCOME) 64.25
TRADEABLE POSITIONS-LOTS(RISK AMT/MAX LOSS) 376
PER LOT Rs 50000/- MARGIN AMOUNT REQUIRED.
ON TRADEABLE AMOUNT I CAN SELL TOTAL 36 LOTS
MEANS 18 LOT CALLS AND 18 LOTS PUT
TRADE ON 15/09/17
OCT10400 CALL BUY 1350 36.80 -49680.00
OCT10300CALL SELL 1350 63.50 85725.00
OCT9700 PUT SELL 1350 37.65 50827.50
OCT 9600 PUT BUY 1350 28.60 -38610.00
MAX PROFIT 48262.50