Bullish Bearish ITM Spreads

[negotiator]

Dear Seniors,
A friend of mine is regularly playing in Spreads for long time(most of the time in profit), here I just need your guidance in getting Break even point , Max Profit and Max Loss.

NIFTY SPOT: 8120

BULLISH SPREADS
• ITM BULLISH DEBIT SPREAD
(SELL CHEAPER ITM CE, BUY EXP ITM CE)
BUY 7800 CE @326 (-300 POINTS ITM CE)
SELL 7900 CE @235 (-200 POINTS ITM CE)

BEARISH SPREADS
• ITM BEARISH DEBIT SPREAD
(SELL CHEAPER ITM PE, BUY EXP ITM PE)
SELL 8300 PE @187 (+200 POINTS ITM PE)
BUY 8400 PE @278 (+300 POINTS ITM PE)

PS: if possible in Excel File, just like this
http://zerodha.com/varsity/wp-content/uploads/2015/11/Bull-Call_spread.xlsx

Thanks for your help

 

[abcpankaj]

Have you tried options oracle . All this( & more ) is available there.

 

[negotiator]

thanks @abcpankaj, that worked... :thumb:

 

[tradedatrend]

Dear Friend

Your risk reward ratio is very negatively skewed.

If market remains within your target (i.e. within 7900 to 8300 in this case) you will get maximum (326+278 = 604) - (235 + 178 = 423) = 219 - ( 600 - 400 = 200) = 19 Points

Whereas if market breaches the range of 7800 to 8400, you will end up losing 100-19= 81 points (excluding all the expenses)

That is more than 4:1 RRR.

Dear Seniors,
A friend of mine is regularly playing in Spreads for long time(most of the time in profit), here I just need your guidance in getting Break even point , Max Profit and Max Loss.

NIFTY SPOT: 8120

BULLISH SPREADS
• ITM BULLISH DEBIT SPREAD
(SELL CHEAPER ITM CE, BUY EXP ITM CE)
BUY 7800 CE @326 (-300 POINTS ITM CE)
SELL 7900 CE @235 (-200 POINTS ITM CE)

BEARISH SPREADS
• ITM BEARISH DEBIT SPREAD
(SELL CHEAPER ITM PE, BUY EXP ITM PE)
SELL 8300 PE @187 (+200 POINTS ITM PE)
BUY 8400 PE @278 (+300 POINTS ITM PE)

PS: if possible in Excel File, just like this
http://zerodha.com/varsity/wp-content/uploads/2015/11/Bull-Call_spread.xlsx

Thanks for your help