ITC Ltd. share price- Rs. 190 per share Future lot size - 3000 Margin requirement - 20% Future expiry - 31st December, 2020 Call option of Rs. 190 strike price is Rs. 15 Call option of Rs. 180 strike price is Rs. 30 Call option of Rs. 220 strike price is Rs. 10 Call option of Rs. 240 strike price is Rs. 5 If you buy shares from cash market instead of future, how much extra money is required? If you form butterfly strategy between Rs.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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ITC Ltd. share price- Rs. 190 per share Future lot size - 3000 Margin requirement - 20% Future expiry - 31st December, 2020 Call option of Rs. 190 strike price is Rs. 15 Call option of Rs. 180 strike price is Rs. 30 Call option of Rs. 220 strike price is Rs. 10 Call option of Rs. 240 strike price is Rs. 5 If you buy shares from cash market instead of future, how much extra money is required? If you form butterfly strategy between Rs.200 to Rs. 240 strike price, what would be the maximum profit and loss? If ITC share closes at Rs. 210 on expiry, what would be your profit and loss as per butterfly strategy?
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