ONGC OPTION STRANGLE STRATEGY FOR JUNE 2022

BUY 1 LOT ONGC 140 CALL @ 1.8 AND 137.5 PUT @ 1.3 

PAY OFF TABLE-:

Strike Price	Call Option Price	Strike Price	Put Option Price	Closing price	Payoff
140	1.8	137.5	1.3	120	55440
140	1.8	137.5	1.3	122.5	45815
140	1.8	137.5	1.3	125	36190
140	1.8	137.5	1.3	127.5	26565
140	1.8	137.5	1.3	130	16940
140	1.8	137.5	1.3	132.5	7315
140	1.8	137.5	1.3	135	-2310
140	1.8	137.5	1.3	137.5	-11935
140	1.8	137.5	1.3	140	-11935
140	1.8	137.5	1.3	142.5	-2310
140	1.8	137.5	1.3	145	7315
140	1.8	137.5	1.3	147.5	16940
140	1.8	137.5	1.3	150	26565
140	1.8	137.5	1.3	152.5	36190
140	1.8	137.5	1.3	155	45815
140	1.8	137.5	1.3	157.5	55440