Covered Call Strategy for Aurobindo Pharma;
Looks impressive; Max loss 5k Max gain 5k;
Buy 1080 Call around 60 Rs and sell 1120 Call around 40 Rs.
Debit Initial = 60 -40 = 20 Rs. Max Profit = 1120-1080-20 = 20 Rs.
Lot of 250 ; Max gain = Rs 5000/-
Looks impressive; Max loss 5k Max gain 5k;
Buy 1080 Call around 60 Rs and sell 1120 Call around 40 Rs.
Debit Initial = 60 -40 = 20 Rs. Max Profit = 1120-1080-20 = 20 Rs.
Lot of 250 ; Max gain = Rs 5000/-
