Expedient Consultants

KV's ChanakyaShaala

ICICI Bank-Bull Call Spread

Initiate Bull Call Spread in ICICI Bank. Buy 1 Lot 280 August Call @ CMP 16.5, and Sell 1 Lot  300 August Call @CMP 7.3. Lot Size is 1000. One Combination for a capital of Rs 1 Lac. Maximum Profit is Rs 10800 and Maximum Loss is Rs 9200. Margin used is around Rs 22000. Keep remaining margin for creating some more positions as Stock may react after its results later this week. Time 9.57 am

Go Back