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.