Wednesday, November 23, 2005

IPCL Bull Spread

Another interesting trade in IPCL

Long 1 IPCL Dec 230 Call @ 10

Short 1 IPCL Dec 240 Call @ 6

Total cost 8800

Max Downside 8800

Max Profit 13200

IPCL Close 228.45

Lot Size of IPCL 2200

All prices Wed 23 Nov Close

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