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Yesterday I sold 1 lot REL 1200 Nov Put @35/- and bought 1 lot REL 1110 Nov Put @17/-.
So the net credit should be 18/- x 300 (less brokerage). Right?
Now can anyone calculate please whats the maximum risk and maximum return for me in this trade?
I think maximum return is if REL closes above 1200 on 30th Nov and maximum risk is if it goes down to 0.00 on Nov'30 (theoritically).
Thanks.
So the net credit should be 18/- x 300 (less brokerage). Right?
Now can anyone calculate please whats the maximum risk and maximum return for me in this trade?
I think maximum return is if REL closes above 1200 on 30th Nov and maximum risk is if it goes down to 0.00 on Nov'30 (theoritically).
Thanks.