Strategies with fixed income or loss.

Buy 280 call of DLF of February expiry @ 7.2 and sell DLF 290 call at 4.45. 

Maximum profit Rs. 7250/-

Maximum loss Rs. 2750/-

Buy JPASSOCIATE 80 PUT which is trading at Rs. 2.70. and sell 75 PUT @ 1.30. 

Maximum profit: Rs. 14400/-

Maximum loss: Rs. Rs. 5600/-

It is advisable not to wait till you see maximum profit. Kindly note probabilities of closing these stocks at outer limits are less than 25%. But since there are more than 90% chances that spreads will at least once reach in to reasonable profit (2% on investment) territory, it is worth entering in to these trades. Please book profit as soon as you make at least 2% in these trades.  

Disclaimer: This blog does not take any responsibility of your profit or loss.