Sunday, 2 July 2017

Ashok Leyland - Bull Call Spread

Today Ashok Leyland made a break out above last three weeks high with good volume.   Also it surpassed high of Feb 2017.

Buy 100 Call Option at 2.65
Sell 105 Call Option at 1.25

Maximum Risk on this Trade is 9450
Maximum Profit on this Trade is 25550

Risk Reward Ratio is favourable which is 1:3.

Span Margin Requirement for this trade is 50,000


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Indiamart Weekly Bullish Breakout

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