Reliance Option Strategies for July Expiry

• Reliance
  

 

Short 1040 Call option around 38

Short 1060 Put option around 23

Total Premium we get around is 61.

Stop Loss

Upper side if cross 1100

Lower Side if goes below 1000

Return

If Reliance July Month Expiry around 1040 to 1050 level than all Time Value of this Call option & Put Option is Eaten by US which is around 35 rs & lot size is 250 so it will around 9000 (including brokerage)

 

Total investment required for this strategy is 55000 so return on investment is around 15%