Long JISLJALEQ 4000 shares @ 80.00
Short Dec 8000 Call Options JISLJALEQ Strike Price 90 at Rs. 0.55
Cash Outflow on Stock : Rs. – 320,000
Cash Inflow on Writing the option : Rs. .55* 8000 = Rs. +4400 (Excluding Transaction Charges) ( or Appx +4000 with transaction charges)
Holding till expiry. Both the positions.
Stock has very strong Support at Rs. 76….Fundamental Stock worth looking.