Nifty strategy calculations

[hmp]

mylinks.myvnc.com/843129/nifty-option-cal

Thanks
Will you pl. explain me how to use it?
Regards

 

[Tarang58]

Will somebody pl. explain me which strategy is more profitable & how?
1) Bought 8400 july nifty future @ 8500 with it sold 8400 call @75.
Square up both position when nifty touches 8600.
2) Bought 8400 july nifty future @ 8500 with it bought 8400 put @75.
Square up both position when nifty touches 8600.

 

[Purushotham]

Will somebody pl. explain me which strategy is more profitable & how?
1) Bought 8400 july nifty future @ 8500 with it sold 8400 call @75.
Square up both position when nifty touches 8600.
2) Bought 8400 july nifty future @ 8500 with it bought 8400 put @75.
Square up both position when nifty touches 8600.

Some thing wrong may be typo
If nifty is at 8500 the 8400 call should be more than 100????????

 

[Tarang58]

Yes Sir,
It is 200.Thanks for pointing out mistake.