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Using Monday closing rates, the trader buys the 800 call for 24 a share (1,200 shares make one lot) and sells an 840 call for 9.6 a share. This reduces the debit to 14.4 while the maximum profit is capped at 25.6, no matter how much Infosys rises after the results.
Bata India Q2 results: Co reports net profit at Rs 37 croreRevenue from operations was up at Rs 614.12 crore during the quarter under review as against Rs 367.87 crore in the corresponding quarter last fiscal.
from Stocks-Markets-Economic Times https://ift.tt/3q4WEj8
… Read MoreUflex Q2 results: Net profit down 23% to Rs 171 croreRevenue from operation was up 35.82 per cent to Rs 3,027.31 crore during the quarter under review as against Rs 2,228.75 crore in the corresponding period of the previous fiscal year.
from Stocks-Markets-Economic Times https… Read MoreRattanIndia Power Q2 results: Net loss widens to Rs 464 croreTotal income stood at Rs 828.83 crore in the quarter as against Rs 280.79 crore in the same period a year ago.
from Stocks-Markets-Economic Times https://ift.tt/3jYRyB1
… Read MorePfizer Q2 results: Net profit up 9% to Rs 143 croreRevenue from operations stood at Rs 636.26 crore for the quarter under consideration, as against Rs 595.41 crore a year ago, it added.
from Stocks-Markets-Economic Times https://ift.tt/3CK8Wkm
… Read MoreCoca-Cola FY21 profits declined 16%; bottling arm HCCB’s net dropped 93%The maker of Coke and Thums Up soft drinks and Kinley water further reported a 28 per cent decline in net profit at Rs 443 crore during the same fiscal, a year severely impacted by the outbreak of the Covid-19 pandemic.
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