Auro pharma- cheap drug @ 44

Hi All ,
Are drugs cheap now-a-days ? Yes this one is available at 44.


Buy April 560 put @ 22
Buy April 560 call @ 22

Net cost should be 44 or less.Target as mentioned on charts

Dont over leverage and buy 5 lots each , just stick to 1 lot .
options are risky , consult your financial adviser before taking trade.
Comment: The capital required for above trade , we can take 6-7% risk on our capital.

The risk above is 30% of total premium i.e 0.3*44 = 13.5 rs
So total risk is 13.5*800 = 10800

so you need capital of 1.5 lakh minimum for this trade.
And your actual trade cost will be :
44*800 = 35200

Don't take this trade now , bcas price has already moved away from 560 strike price
Trade closed manually: Our put /call pair trading at 57 . we are making 13 rs on 44 rs investment .
Isn't it Gr8 return ?

Screaming Exit , Book out .
Comment: Exit , exit , Exit

Book out Profit , Profit is our best friend take him home


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