3rd January 2006
Todays trade is in Ashok Leyland. It is a bullish position assuming the scrip will move up.
Market Lot 9550 shares.
Yesterdays close 31.8
The trade is as follows:
Buy 1 Ashok Leyland Jan 32.5 Put option @ 1.45
Sell 1 Ashok Leyland Jan 35 Put option @ 3.9
The total risk with this trade is Rs. 5252.
Our Maximum reward would be Rs. 23395.
Good Luck!
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