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1 Apr 2013

IDEA OPTION UPDATES


IDEA (113.95)   Future-Lot Size 4000 shares.
Buy One Lot  APRIL  Future  @113.95 Rs

Sell One Call Option of  APRIL Strike Price 120@ Rs.2.30

Premium Received=2.30*4000= 9200.00 Rs
Maximum Profit=120-113.95 = 6.05*4000= 24200 + 9200=33400.00 Rs.
Max Loss=Unlimited.