 "NSE, Nifty, markets")
Bull spread Strategy on LIC HOUSING FINANCE
Buy LICHSG FINANCE FEB 410 CALL at Rs 10.7 & simultaneously sell 430 CALL at Rs 5
Lot Size 2000
Cost of the strategy Rs 5.7 (Rs 11,400 per strategy)
Maximum profit Rs 28,600; If LIC Housing Fin closes at or above 430 on 24 Feb expiry
Breakeven Point Rs 415.7
Rationales:
Buy LICHSG FINANCE FEB 410 CALL at Rs 10.7 & simultaneously sell 430 CALL at Rs 5
Lot Size 2000
Cost of the strategy Rs 5.7 (Rs 11,400 per strategy)
Maximum profit Rs 28,600; If LIC Housing Fin closes at or above 430 on 24 Feb expiry
Breakeven Point Rs 415.7
Rationales:
-
We have seen long build up in the LIC Housing Finance future where we have seen 2 per cent addition (Prov) in Open Interest with price rising by 2.7 per cent.
- Stock price has broken out on the
