Something for Wednesday morning. IDFC appears ready for a rise. The following spread might prove profitable.
Buy 1 IDFC Dec 75 Call @ 1.45
Sell 1 IDFC Dec 80 Call @ 0.65
IDFC Close 71.8
Market Lot of IDFC 5900
Our Total Cost / Max Loss potential is Rs. 4720
Our Max Profit Potential is 24780
Good Luck!
All Prices Tuesday Close
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